Colombia bought gold for the first time since 1998

Colombia joined the list of gold-buying countries in July 2011 for the first time in 13 years, along with Russia, which has been accumulating its gold reserves for some time to diversify its foreign exchange reserves. The International Monetary Fund (IMF) has released gold data for July, showing that Russia ranks eighth on the list … Read moreColombia bought gold for the first time since 1998