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Investing News: Why Central Banks Buy Gold

LONDON, 19 June 2017 – Exclusive analysis and comment from BullionVault today appears on the popular Investing News site, with head of research Adrian Ash looking at why central banks have been growing their gold holdings over the past decade.

"Formerly the number-one buyer of the last 10 years, the People's Bank of China has now failed to add any gold to its publicly reported currency reserves since October 2016," says Adrian.

"China's lull has put Russia in the top slot amongst central bank buyers. Moscow bought gold in 141 of the 180 months leading up to June 2017."

Read Adrian's full analysis at Investing News here:

3 Key Reasons Central Banks Continue to Buy Gold

Source: 
Investing News