5
May
Mexican central bank buys 100 tonnes of gold
5 May 2011 The Financial Times
Mexico has quietly purchased nearly 100 tonnes of gold bullion, as central banks embark on their biggest bullion buying spree in 40 years.
The purchase, reported in monthly data published by Mexico’s central bank, is the latest in a series of large gold buys by emerging market economies intent on diversifying reserves away from the faltering US dollar.
http://www.ft.com/cms/s/0/cbc02e10-7637-11e0-b4f7-00144feabdc0.html
