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Post by ukipa on Apr 24, 2012 19:58:43 GMT 4
Mexico Raised Gold Reserves in March, IMF Data Showsby Avila Capital Markets, Inc. Mexico added 16.8 metric tons of gold valued at about $906.4 million to its reserves in March as nations including Turkey, Russia and Kazakhstan increased their holdings of the metal, International Monetary Fund data show. Mexico raised its reserves to 122.6 tons last month when gold averaged $1,676.67 an ounce, data on the IMF’s website showed. Turkey added 11.5 tons, Kazakhstan 4.3 tons, Ukraine 1.2 tons, Tajikistan 0.4 ton, and Belarus 0.1 ton, according to the IMF. The data shows Russia boosted gold reserves by about 16.5 tons after its central bank said on April 20 they were higher. The Czech Republic reduced bullion reserves by 0.1 ton. Read full article...www.bloomberg.com/news/2012-04-24/mexico-raised-gold-reserves-in-march-imf-data-shows.html
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