Asia central banks could be gold buyers

SINGAPORE - Asia's reserve-rich central banks are potential buyers of gold to diversify their reserve assets, even as European central banks cut their holdings, a senior official of the World Gold Council said on Monday.

"Gold is back on the radar screens," said Ralston Thiedeman, head of the council's Asia-Pacific official sector, told reporters at the start of a five-day seminar on reserves management, which the council is co-hosting.

"In the last six to 12 months, central banks in Asia hav

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