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'Blog Archive ? S.Korea buys more gold in Nov in cbank gold spree' expats


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Blog Archive ? S.Korea buys more gold in Nov in cbank gold spree

-- expats
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12/02/11 11:05
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Blog Archive ? S.Korea buys more gold in Nov in cbank gold spree

Thank author of this post/comment02-Dec 2 (Reuters) - South Korea's central bank said on Friday it bought gold in November for the second time this year to diversify its foreign reserves, joining its counterparts in other countries in seeking protection against financial instability and inflation. Central banks around the world, especially in emerging economies, have accelerated gold purchases in recent months, driving up the total official sector gold purchase in the third quarter by more than double to 148.4 tonnes,. .

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