Bank of Russia has once again become the biggest buyer of gold among the world’s central banks – IMF – NewsEra.ru – ERA News

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How to write “Sheets” referring to the data of the International monetary fund, purchases totaled 356,000 ounces of the precious metal

At the end of last month, the Central Bank of the Russian Federation has become the largest buyer of gold among the national regulators in the world. Although, according to the People’s Bank of the country in late winter, Beijing has purchased about 320 thousand ounces of gold. Republic of Kazakhstan, which has acquired over the past month 85 th. Ounces, also was named one of the leading countries to increase gold reserves.

The biggest seller of gold was Turkey that sold by the end of winter, about 1.2 million ounces of the precious metal .

Canada, a member of the top 10 global suppliers of gold, almost completely sold out “gold reserves”, retaining only a symbolic 100-ounce, informs newsera.ru.

Experts say that RF Central Bank purchases eventually “hit the jackpot” in the billions of dollars after the rapid take-off the value of gold on world markets.