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Goldman Sachs in huge bullion buy from cash-strapped Ecuador

Frik Els | June 03, 2014 | 10:13 pm Precious Metals Latin America Gold 

New York investment bank Goldman Sachs has picked up 466,000 ounces of gold from cash-strapped Ecuador. According to the South American nation's central bank, Goldman acquired 1,165 gold bars, worth roughly $580 million at today's ruling price. Ecuador under socialist...

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