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15 of November, 20:40

Central bank may double gold share "Theoretically, share of gold in 10% is optimal index", - said the representative of Central bank, who appeared in Johannesburg.

At the same time M. Gegina noticed that Central bank did not make a final decision whether to increase the share of gold in gold and foreign currency reserves which is 5% (about 500 tones) or not.

The share of gold in gold and foreign currency reserves of Central banks in European countries and USA is almost 20%.

The cost of gold with immediate shipment has reached the maximum index for 17 years at 12 October and came to $480.49. Gold rose in price by 5.5% in last year.
sections: Economics

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