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Bloomberg reported that Mexico increased its gold reserves in March to 122.6 tons.
Bloomberg reported that Mexico increased its gold reserves in March to 122.6 tons.
As quoted in the market news:
Central banks are expanding reserves after the metal climbed the past 11 years and holdings in exchange-traded products are about 0.7 percent below last month’s all-time high. The banks added 439.7 tons last year, the most in almost five decades, and may buy a similar amount in 2012.
