Gold demand from central banks marched higher in turbulent 2015


By Emiko Terazono
Financial Times, London
Thursday, March 31, 2016

Heightened geopolitical tension and a push for diversification in reserve assets led to central banks' net purchases of gold reaching 483 tonnes in 2015, the second highest annual total since the end of the gold standard.

Russia was the top buyer of gold for the fourth consecutive year, raising its ownership by 206 tonnes as it looks to diversify away from the US dollar due to tensions with the West, according to the latest report from Thomson Reuters GFMS, the gold consultancy.

China, whose currency will be added to the IMF's reserve currency basket this year, announced the first increase in gold holdings since 2009 in the middle of the year, buying 104 tonnes in the second half of the year to 1,742 tonnes. ...

... For the remainder of the report:


Silver mining stock report comes with 1-ounce silver round

Future Money Trends is offering a special 18-page silver mining stock report about how to profit with the monetary and industrial metal, and it comes with a free 1-ounce silver round. Proceeds from the report's sales are shared with the Gold Anti-Trust Action Committee to support its efforts to expose manipulation in the monetary metals markets. To learn about this report, please visit:

Join GATA here:

Mines and Money Asia
Tuesday-Thursday, April 5-7, 2016
Hong Kong Convention and Exhibition Centre
Hong Kong Special Administrative Region, China

Mining Investment Asia
Wednesday-Friday, April 13-15, 2016
Marina Bay Sands, Singapore

Support GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

To contribute to GATA, please visit: