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Brazilian central bank buys 41.8 tons of gold to bolster reserves
From The Rio Times
Rio de Janeiro, Brazil
Saturday, July 17, 2021
RIO DE JANEIRO, Brazil -- After years without substantially changing the amount of gold in its international asset reserves, the Brazilian Central Bank, headed by Roberto Campos Neto, bought 41.8 tons of the metal in June.
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With this, the volume of gold held in the reserves jumped 52.7% in just one month, to 121.1 tons -- equivalent to US$6.873 billion. The value of the June purchase was not disclosed.
It was the biggest purchase in one month since at least December 2000. ...
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