Central banks bought a small amount of gold in September

Central banks have bought a very small amount of gold during September, according to data from the IMF. From the list of central banks that have been buying gold in 2013, Turkey added most to their reserves in September (+3 tonnes). A very small amount compared to the almost 24 tonnes bought by the Turkish central bank one month earlier. Countries like Kazakhstan and Azerbaijan also bought some gold in September, 2,6 and 1,03 tonnes respectively. The Kyrgyz Republik bought about 64 kilograms, while Serbia and Belarus added about 32 kilograms to their reserves.

Which central banks have bought gold in 2013?

These numbers are actually too small to mention, but we really want to draw your attention on the following graph we made. This graph adds up all the gold buying by central banks in 2013, up to the latest September data. Of all central banks worldwide (excluding China), Turkey bought the largest amount of gold. In second place there is Russia, followed by Kazachstan and South-Korea.

Which central banks bought gold in 2013?

Which central banks bought gold in 2013?