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China a buyer amid 'colossal imbalances' in central bank gold hoards

Frik Els | September 16, 2014 | 9:58 pm Precious Metals China Gold 

Central banks bought close to 535 tonnes of gold in 2012, the most since 1964. Amid a 28% fall in the gold price last year, gold purchases by central banks slowed to 409 tonnes, but may top 500 tonnes again...

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