Kazakhstan’s National Bank invests heavily into gold
By GCRU Gold News on Wednesday, April 13 2016, 23:30 - Permalink
Kazakhstan’s National Bank has been steadily increasing its gold reserves over the past few years, according to the World Gold Council. Since October 2012 there hasn’t been a single month when Kazakhstan did not add up to its pile.
In March 2016, the National Bank of Kazakhstan reached the level of 223 tons and its gold reserves constituted nearly a third, 29.5% to be precise, of the country's international reserves.