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U.S. Exports of Gold Bars and Coins to Asia Jumps 43 Percent
Feb. 12, 2013 11:09AM PST
Precious Metals InvestingReuters reported that a surging demand in Asia is prompting an exodus of the gold bars and coins out of the U.S.
Reuters reported that a surging demand in Asia is prompting an exodus of the gold bars and coins out of the U.S.
As quoted in the market report:
On Friday, Commerce Department data showed U.S. exports of nonmonetary gold, which excludes central bank transactions, soared by 43 percent to $4 billion in December from the previous month.
