DJ Russian Central Bank Aims To Buy 100 Tons Of Gold In 2011

London Stock Exchange – The Central Bank of Russia has purchased 90 metric tons of gold to date in 2011 and is on course to buy 100 tons before the end of the year, deputy head of the bank Sergey Shevtsov said as quoted by the bank’s press service. The bank said earlier it would aim at buying 100 tons of gold every year and increase the proportion of gold in the country’s reserves as a safeguard against volatility on the international financial markets. Read Article