Argentina Increases Gold Reserves

Reuters reported that Argentina increased its gold reserves despite record high gold prices last year.

As quoted in the market news:

Data from the International Monetary Fund on Tuesday showed Latin America’s third-largest economy added some 7 tonnes of gold to its holdings, bringing its reserves to 61.74 tonnes in September last year, when the spot gold price hit all-time peaks of $1,920.30 an ounce.

Click here to read the full Reuters report.