Feb 17, 2010
MOSCOW (AFP) - The chief executive of the World Gold Council, told AP on Wednesday that the world's central banks purchases of gold sales will exceed it in 2010 while the decline in their policies the reserves.
He said Aram Shishmanian Reuters Television Insider "There may be a small number of countries (to sell gold to cover the budget deficit), but in general will become a net buyer."
"And the reason why it would be a net buyer is that they reconsider the policy reserves and buy gold to protect their national interests."
He said Aram Shishmanian Reuters Television Insider "There may be a small number of countries (to sell gold to cover the budget deficit), but in general will become a net buyer."
"And the reason why it would be a net buyer is that they reconsider the policy reserves and buy gold to protect their national interests."
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