Central Banks Are Boosting Their Gold Reserves
By GCRU Gold News on Thursday, February 12 2015, 10:11 - Permalink
Governments added 477.2 metric tons to their reserves, the second-biggest increase in 50 years and 17 percent more than a year earlier, the World Gold Council said in a report Thursday. Based on the average price of gold in 2014, central banks probably paid about $19.4 billion.