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Central banks buy most gold since 1964

Posted By -NO AUTHOR- On 02/20/2013 @ 11:25 pm In Money,World | No Comments

(Daily Bail) The world’s central banks last year bought 534.6 tons of gold in 2012, the most since 1964, as global gold demand hit a record value level, the World Gold Council said Thursday in a quarterly report. Purchases by central banks for the full year rose 17% compared with 2011, while fourth-quarter purchases of 145 tons marked a 29% rise from the same period a year earlier.

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