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    gold investing

    Mexico Ramps Up Gold Reserves at Dollar’s Expense

    Investing News Network
    May. 04, 2011 04:38PM PST
    Precious Metals

    Reuters reported that Mexico recently purchased $4 million worth of gold.

    Reuters reported that Mexico recently purchased $4 million worth of gold.

    The market news is quoted as saying:

    The third biggest one-off purchase of gold by any country over the past decade took Mexico’s reserves to 100.15 tonnes — or 3.22 million ounces — by the end of March from just 6.84 tonnes at the end of January, according to the International Monetary Fund and Mexico’s central bank.

    To read the full market news, click here.

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