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Central Banks expect falling prices for gold - from August 2015 ceased to replenish the gold reserves in Russia and decreased rates in China PDF Print E-mail
Thursday, 17 September 2015 09:52
While in 2015 there were significant purchases of gold by the Central Bank Rossii gold reserve was increased three-fold from the level of 2005 and in July 2015 amounted to 1275 tons, but in August 2015 the purchase of gold Russia stopped at all (Figure 1), which was a surprise to the global gold market, while China continued to top up their gold reserves in August 2015 (see Figure 2), but at a slower pace, but in spite of the decrease in demand, since August 2015 the price of gold began to rise. Such actions of the central banks of Russia and China may be associated with lower investment attractiveness of gold since August 2015 and the expectation of further lower prices for gold and when to resume the purchase of gold:

НАЖМИТЕ ЗДЕСЬ ДЛЯ ПРОСМОТРА ВСЕГО СПИСКА НОВОСТЕЙ О НЕОБЫЧНЫХ ЯВЛЕНИЯХ>>>

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