Kazakhstan, Mongolia Increased Bullion Reserves in December
This article is for subscribers only.
Kazakhstan and Mongolia added to their gold reserves in December as the precious metal advanced for an 11th consecutive year, according to the International Monetary Fund.
Kazakhstan’s bullion holdings rose 3.1 metric tons to 76.7 tons and Mongolia added 1.2 tons to take its assets to 3.5 tons, data on the IMF’s website showed. Ukraine increased gold reserves by 0.1 ton, Mexico cut them by 0.2 ton and Mauritius reduced them by 0.1 ton, the data show.