2011-06-12

Gold Sales By Central Banks Non-Existent — Mexico, Thailand and Russia Net Buyers Of Substantial Amount of Gold

According to the World Gold Council, gold sales by Central Banks around the world have basically came to a halt even though the 3rd Central Bank Gold Agreement allows them to sell it.

Mexico, Thailand and Russia have even been net buyers with Mexico buying more than 100 metric tons, Russia about 35 and Thailand about 9-10.

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