Published on Gold Anti-Trust Action Committee (http://www.gata.org)

Bank of Russia starts buying gold directly from mines

By cpowell
Created 2008-04-19 04:10

From Interfax News Service
Friday, April 18, 2008

http://www.interfax.com/3/386119/news.aspx [1]

MOSCOW -- For the first time, the Bank of Russia purchased gold for its international reserves from gold producers, a source in banking circles told Interfax.

Previously the central bank had always purchased gold on the interbank market.

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