World Gold Council predicts ‘record year’ for central bank gold purchases
The World Gold Council (WGC) said in its latest gold investment statistics commentary that the results from the third and fourth quarters of 2011 were likely to push central bank gold purchases to new highs.
"Central banks, which have been predominantly net purchasers of gold since Q2 2009, increased their activity during 2011," said the WGC. "Central bank net-buying is poised to have a record year, and many of these purchases happened during Q3 and Q4."
In the last WGC quarterly report
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Taking stock of Bernanke: the original sin of forecasting
- Fed policy-makers disagree over risks
- Supervisors grapple with the smaller bank dilemma