Brazilian central bank buys 41.8 tonnes of gold to bolster reserves

The Rio Times/Staff

Repost from 7-21-2021

photo of 100 ounce gold bars stacked“After years without substantially changing the amount of gold in its international asset reserves, the Brazilian Central Bank headed by Roberto Campos Neto bought 41.8 tons of the metal in June.”

USAGOLD note: The trend of aggressive central bank gold buying continues……It would be interesting to know if the metal was purchased in the open market or by private arrangement.

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