Central Bankers Get Tired of Gold as Lower Exports Cut Cash
By GCRU Gold News on Wednesday, August 31 2016, 01:05 - Permalink
Central banks holders of about 32,900 metric tons of bullion cut their purchases by 40 percent during the three months through June, compared with the same period a year earlier, to the lowest since 2011, World Gold Council figures compiled by Bloomberg show. It was the third-straight quarterly drop, the longest such streak in at least five years.