Thursday, May 5, 2011

Mexico confirms Gold record purchase of 100 tonnes paid 4.4 bln dollars

The Banco de Mexico, confirmed yesterday Gold record purchase of 100 tonnes paid 4.4 bln dollars said in a statement it had bought in recent months , This represents about 4% of the world gold reserves , it is stated in the note pointing out that the deal''is part of the institution in the usual political issue with respect to investments and the diversification of assets.''According to the IMF, Mexico has purchased the gold by spending at least $ 4.3 billion.

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