Monday, July 2, 2012

Russia, Turkey raise Gold reserves sharply!

LONDON(BullionStreet): Russia's gold reserves hit 911.3 tons at the end of May after the world's largest nation increased it's gold holdings by another 15.5 metric tons.
Gold accounts for about 9.1 percent of Russia's total reserves.
According to latest IMF data, a string of countries increased gold bullion reserves this year.
Turkey raised its reported gold holdings by another 2% in the month of May. Turkey's gold holding rose by 5.7 tonnes in May to total 245 tonnes.

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