Bank of Korea to buy gold for first time in 13 years: Korea Times

Share

The Bank of Korea plans to purchase physical gold for the first time in thirteen years, marking a shift in its reserve management strategy. Its reserves have remained stable at approximately 104.4 tonnes since 2013. The institution aims to acquire locally produced gold through the Korea Exchange and the Korea Securities Depository. This decision is part of a broader strategy to diversify reserve assets and could influence the global gold market.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles