- WND - http://www.wnd.com -

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.


Article printed from WND: http://www.wnd.com

URL to article: http://www.wnd.com/2013/02/central-banks-buy-most-gold-since-1964/

© Copyright 1997-2013. All Rights Reserved. WND.com.