March 28, 2013

Mongolia Increases Gold Reserves to Highest Since August 2008 - Bloomberg

Mongolia Increases Gold Reserves to Highest Since August 2008 - Bloomberg: "Mongolia raised its gold reserves for a third month to the highest in more than four years in February as the metal capped its longest monthly losing streak since 1997.
The country’s holdings expanded 1.5 metric tons to 5.8 tons, the most since August 2008, according to the International Monetary Fund’s website. Kazakhstan’s holdings increased 4.9 tons, Azerbaijan’s climbed 1 ton and Ukraine’s rose 0.6 ton, the data show. Canada’s reserves dropped 0.1 ton, the Czech Republic cut them by 0.2 ton and Mexico’s holdings fell 0.1 ton."

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