Free no deposit Bonus Forex
Thursday, 26.04.2018, 04:49
Welcome Guest | RSS
Main RegistrationLogin
Site menu
Login form
Make money on Fore
FreshForex bonus

Total online: 1
Guests: 1
Users: 0
RoboForex bonus
Main » 2016 » August » 29 » Central banks are buying less gold
Central banks are buying less gold



World central banks - are still the biggest buyers of gold in the market. But it is worth noting that the rate of metal buying seriously reduced in recent years - based on AMarkets.




Central banks have bought about 166 tons of gold and 22 tons sold in the first half of 2016. Those. net inflow of metal into funds totaled 144 tons - Macquarie data. Last year the net inflow was more - 179 tons. Although the 2016 figure is still higher than in 2013 and 2014. Central banks are buying the metal to diversify their reserves and foreign currency hedging assets in the event of sharp fluctuations.


In all of this it is important to understand that today gold mining companies implement 100% of the gold. This argument is sufficient to understand that the concept in force - the base metal is protected from the risks of the current uncertainty and does not intend to take positions.


Views: 228 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Forex Brokers
no deposi binary
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright © 2018-2012
    Website builderuCoz