Precious Metals

Argentina Increases Gold Reserves

Precious Metals

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

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.

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