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Mexico Halts 3-Month Gold Reserve Expansion, IMF Data Show
Jun. 30, 2011 10:01PM PST
Precious Metals InvestingBloomberg reported that Mexico has paused its expansion of gold reserves.
Bloomberg reported that Mexico has paused its expansion of gold reserves.
The market news is quoted as saying:
Mexico’s reserves declined to 105.95 tons last month, data on the IMF’s website showed. It had expanded holdings by almost 100 tons in the three months through April, with the increase valued at about $4.8 billion at today’s price.
