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Kazakhstan Gives Central Bank ‘Priority Right’ to Buy Gold
Aug. 23, 2011 02:22PM PST
Precious Metals Investing
Bloomberg reported that Kazakhstan will exercise its ‘priority right’ to secure domestic gold supplies.
Bloomberg reported that Kazakhstan will exercise its ‘priority right’ to secure domestic gold supplies.
The market news is quoted as saying:
Kazakhstan’s gold holdings were valued at $3.5 billion at the end of last month and accounted for about 9.5 percent of the nation’s gross international reserves, central bank data show.
