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Jorge Ramiro - IIGC 2014
A recent report by investment bank Macquarie research reveals that central banks remained the net buyer of 267 tons of gold in 2014. The investment bank also predicts that central banks will continue to remain the net buyer of gold in 2015 as well. It always gives confidence to market whenever central banks buy gold. When gold has come down so much, buying of gold by the central banks gives signal that there is need to safeguard one's home with money which is tangible.
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