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Reserve banks all over the world have their hands complete handling the biggest international financial recession considering that the 1930's Great Clinical depression; nevertheless, according to the latest research study from the Globe Gold Council (WGC), gold still has an important role to play in a central bank's gets.
The Globe Gold Council lately released the outcomes of its 3rd annual central bank gold survey as well as also after 2 years of record buying, Shaokai Follower, head of relationships with Central Banks at the WGC, claimed in an interview with Kitco News that the survey shows that central banks will certainly remain internet customers of the rare-earth element.
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Gold is an important diversifier for central banks – World Gold Council
Central banks around the world have their hands full dealing with the biggest global economic downturn since the 1930’s Great Depression; however, according to the latest research from the World Gold Council (WGC), gold still has an important role to play in a central bank’s reserves.
The World Gold Council recently released the results of its third annual central bank gold survey and even after two years of record buying, Shaokai Fan, head of relationships with Central Banks at the WGC, said in an interview with Kitco News that the survey shows that central banks will remain net buyers of the precious metal.
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