Gold reserves in the Central Bank increased to 96 tons

by **Rocky** Tue 19 Feb 2019, 2:32 am

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Gold reserves in the Central Bank increased to 96 tons

by Rocky Tue 19 Feb 2019, 2:32 am

Gold reserves in the Central Bank increased to 96 tons

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World [You must be registered and logged in to see this link.] Council data revealed that [You must be registered and logged in to see this link.] reserves of [You must be registered and logged in to see this link.] amounted to about 96.3 tons at the end of the third quarter of 2018. This allowed him to progress on Arab economies rich in precious metal reserves.

The World [You must be registered and logged in to see this link.] Council's latest report showed that central banks around the world bought around 651.5 tonnes of gold in 2018, noting that Russia and Turkey had raised their reserves at the expense of the dollar.

Countries such as [You must be registered and logged in to see this link.] , India, China and Kazakhstan were among the top [You must be registered and logged in to see this link.] buyers in 2018. According to data, [You must be registered and logged in to see this link.] increased [You must be registered and logged in to see this link.] reserves last year by 6.45 tons, bringing its total gold holdings to 96.3 tons. [You must be registered and logged in to see this link.]

occupied[You must be registered and logged in to see this link.]Ranked 37th in the world and fourth in the ranking of countries in terms of gold reserves, and thus the rich Gulf economies such as Kuwait (79 tons), Qatar (31.3 tons) and the UAE (7.5 tons).
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