1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

Foreign Central Banks Add to Gold Holdings

The Central Bank of Bangladesh purchased 10 tons of gold last week and experts believe a number of other Asian central banks will make similar moves and support the price of gold coins.

 
PRLog - Sep. 14, 2010 - BEVERLY HILLS, Calif. -- The Central Bank of Bangladesh purchased 10 tons of gold last week and experts believe a number of other Asian central banks will make similar moves and support the price of gold coins.

Experts believe that central banks are moving to purchase gold because they believe the prices will be supported, and will be increasing, over the intermediate term. Gold hit a record closing price last week and is within striking distance of its all time record price of $1266.50.

Global Gold Group recommends that investors buy gold as part of a diversified portfolio. They event offer a free portfolio check-up. To get more information about investing in gold coins, check out their website at http://www.aglobalcurrency.com

--- End ---

Click to Share

Contact Email:
***@equitypr.com Email Verified
Source:Global Gold Group
Location:Beverly Hills - California - United States
Industry:Banking, Finance, Government
Tags:gold, gold coins, silver, bullion, record high, price, banking, government, portfolio, invest in gold, buy gold, stocks
Shortcut:prlog.org/10931065
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share