Precious Metals

Bloomberg reported that several countries increased their gold reserves during the month of October.

Bloomberg reported that several countries increased their gold reserves during the month of October.

As quoted in the market news:

Russia’s bullion reserves rose 19.5 tons to 871.1 tons last month, according to data on the International Monetary Fund’s website. Kazakhstan’s assets increased 3.2 tons to 73.6 tons, Colombia’s gained 1.2 tons to 10.4 tons, Belarus expanded assets by 1 ton to 31.9 tons and Mexico added 0.9 ton to take holdings to 106.3 tons.

Click here to read the full Bloomberg report.

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