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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: TobagoJack who wrote (7828)8/18/2021 11:42:52 AM
From: elmatador   of 13800
 
Brazil's central bank buys 41.8 tonnes of gold in June

(Kitco News) - Gold is back in demand among central banks. The Brazilian central bank increased its precious metals holdings by more than 52% in June.

According to a report from the Rio Times, the Banco Central do Brasil bought 41.8 tonnes of gold last month. Its gold reserves as of the end of the month are valued at $6.873 billion. According to reports, this is the central bank's biggest gold purchase since at least December 2000.

kitco.com
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