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South African Foreign Reserves Increase 2.7% in August on Gold Price Surge
Sep. 07, 2011 08:22AM PST
Precious MetalsBloomberg reported that the value of South Africa’s gold reserves increased by 2.7% in August.
Bloomberg reported that the value of South Africa’s gold reserves increased by 2.7% in August.
The market news is quoted as saying:
Gross gold and foreign-currency reserves rose to $51.45 billion from $50.11 billion in July, the Pretoria-based Reserve Bank said on its website today.
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