Emerging market central banks lead gold rush

gold1

Emerging market central banks significantly boosted their purchases of gold in the three months to September, according to the World Gold Council (WGC) quarterly report, the highest net position reported by the association.

In a report published on Thursday, the WGC said central banks' net purchases amounted to 148.4 tonnes by the end of the third quarter of 2011, up from the 69.4 tonnes in the last quarter and the highest level since the WGC was established in 1987.

The WGC said central banks c

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: