Mauritius Latest to Buy Gold
Mauritius has become the most recent nation to decide that it will buy gold from the International Monetary Fund (IMF). They have reportedly bought 2 tonnes of the precious metal.
Although, this is nothing like the size of purchases made recently by other nations like India and Sri Lanka, it confirms the trend among international central banks to invest in gold instead of the dollar. This transaction more than doubles the total gold reserve held by Mauritius.
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