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Russia increased gold holdings in June, ninth consecutive month

Cecilia Jamasmie | July 26, 2013 | 4:59 pm Precious Metals Europe Gold 

Despite unstable gold prices, Russia’s central bank boosted its gold reserves for a ninth consecutive month in June, a hoarding trend followed by Kazakhstan, Azerbaijan and Kyrgyzstan. According to figures from the International Monetary Fund, the country’s gold holdings total...

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