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China becomes worlds biggest gold buyer in 2009

January 4, 2010 by admin 

Big changes were seen in 2009 in the global gold market.  Not only was it the first time in 21 years that the world’s central banks became net buyers of gold, but China was also the biggest buyer of gold, adding 454 tonnes to it’s reserves.  Russia and India were the other major buyers in 2009.

Full article from ChinaMining.org is here.

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