Gold ended Tuesdays trade near a two-week high, supported by signs of inflation in Japan while reports that Germany may bring its gold reserves home renewed questions over its plans for the currency of last resort. Germany’s central bank will repatriate some of its massive gold reserves stored in vaults in the United States and in France, a business daily reported on Tuesday. The Bundesbank’s overall reserves of 3,400 tons are worth about $200bn at current market rates.Continue Reading
Posted January 16, 2013 7:13 (GMT) | By FX Empire Analyst - Barry Norman
No comments:
Post a Comment