Central banks have actually transformed from web vendors of gold into net customers over the last ten years, and also a great deal of this relates to federal governments' changing hunger for risk, this according to Juan Carlos Artigas, supervisor of financial investment study at the Globe Gold Council.
" Central banks also cite safety and diversity in reasons that they invest in gold, and in some sense, gold is a property that can secure their reserves over the long term," Artigas told Kitco News.
_________________________________________________________________
Kitco News is the world's # 1 resource of steels market information. Our video clips feature meetings with noticeable industry numbers to bring you market-affecting insights, with the goal helpful individuals make notified investment choices.
Register for our channel to keep up to day on the current understandings moving the steels markets.
For even more breaking news, see
Follow us on social media sites:
Facebook –
Twitter –
Google+:.
StockTwits -.
Live gold price and graphes:.
Live silver price and charts:.
Do not forget to sign up for Kitco News' Weekly Roundup– comes out every Friday to recap the most popular tales & videos of the week:.
Join the discussion @ The Kitco Forums and also be part of the premier on-line area for precious metals financiers:.
Disclaimer: Video clips are not trading suggestions and also the sights shared may not reflect those of Kitco Metals Inc
.