Comment: Gold stages a comeback

With the gold price hitting 18-year highs, it is about time there was serious re-thinking among central bankers with regards to holding gold as a part of their reserve portfolios.


A speech by Juan Basco of the Central Bank of Argentina at a conference in London last week organised by GFMS (Gold Fields Mineral Services) suggests that at least some central banks have got the message.

The Argentine central bank has totally changed its view on gold - twice. In 1991, at the

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