Bullish on bullion: Serbia joins global gold-buying spree, adding more of the precious metal to its coffers ...News

Russia Today - News
Bullish on bullion: Serbia joins global gold-buying spree, adding more of the precious metal to its coffers
source : Russia Today ( News ) () 67
The Central Bank of Serbia has announced it purchased nine tons of gold in October, following the lead of regulators across the world, including Russia and China. Serbia's gold holdings now make up ten percent of total reserves. “We have completed gold purchase transactions and Serbia is safer today, with 30.4 tons of gold worth around €1.3 billion ($1.4 billion),” the Central Bank Governor Jorgovanka Tabakovic told reporters. “For now, we have no plans to buy more.” Also on rt.com People should ditch dollar, fiat currencies in general & buy gold which is ‘a real safe haven’

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