• Most Popular
  • Most Shared

Reuters Showcase

Fraud at Reebok?

Fraud at Reebok?

Reebok India accuses execs of 8.7 bln rupee fraud.  Full Article 

Jet's Big Order

Jet's Big Order

Jet likely to order 100 planes for $3.75 bln - CAPA.  Full Article 

China Outlook

China Outlook

World Bank cuts China growth f'cast to 8.2 pct.  Full Article 

The Reliance Msytery

The Reliance Msytery

BREAKINGVIEWS - Anil Ambani mystery reflects poorly on India.  Full Article 

Rajat Gupta Trial

Rajat Gupta Trial

Gupta jury hears competing views of Rajaratnam ties.  Full Article 

EU Summit

EU Summit

Hollande set for EU summit showdown with Merkel.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Stock recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Thailand, Russia gold holdings rose in June-IMF data

LONDON | Wed Aug 3, 2011 1:30pm IST

LONDON Aug 3 (Reuters) - Thailand became the latest Asian central bank to add to its gold reserves in June, as bullion hit record highs buoyed by investor discomfort over anaemic economic growth and debt crises in Europe and the United States, data from the International Monetary Fund showed on Wednesday.

Thailand added 18.66 tonnes, bringing total reserves to 127.524 tonnes, the IMF's international finance statistics showed.

Earlier this week, Korea confirmed it had bought 25 tonnes of gold in June and July, increasing its bullion reserves for the first time in over 10 years.

Russia added 5.85 tonnes, bringing its reserves to 836.715 tonnes, while Kazakhstan's reserves rose 3.11 tonnes to 70.434 tonnes. Taijikistan's reserves rose 0.04 tonnes to 3.036 tonnes and Greece and Ukraine added 0.03 tonnes each, bringing their official holdings of gold to 111.506 tonnes and 27.744 tonnes, respectively.

Spot gold was last quoted at $1,668.89 an ounce at 0751 GMT, up 0.6 percent on the day, having touched a record $1,672.65 earlier in the day. (Reporting by Amanda Cooper; Editing by Alison Birrane)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.