UAE central bank offloads gold reserves

Statistics from the United Arab Emirates central bank show that while the value of gold reserves was at Dh333 million until April, it has come down to Dh166 million in May and continued at the same level during June as well, Gulf News said.

Source: Gulf News

The UAE Central Bank reduced its gold reserves by half recently, bringing the value of its current gold reserves from Dh333 million to Dh166 million.

The UAE Central Bank statistics show that while the value of gold reserves was at Dh333 mil

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