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Mexico Sees Gold Purchases as Best ‘Risk-Return’ Investment
May. 06, 2011 01:33PM PST
Precious MetalsBloomberg reported that Mexico’s recent gold purchases were meant to balance the country’s investments.
Bloomberg reported that Mexico’s recent gold purchases were meant to balance the country’s investments.
The market news is quoted as saying:
The bank bought 100 tons of gold in recent months, accounting for 4 percent of international reserves, according to a statement e-mailed on May 4.
