NBP increases gold reserves to record level

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Central Bank NBP increased its reserves in gold to the highest level in at least 35 years, data from the International Monetary Fund showed. They grew from 4.4 metric tons in August to some 117 tons in September, which according to the fund is the highest growth since January 1983.

According to economists, this is in line with recent trends where central banks started up buying up more gold in light of the rising USD prices and the US-China trade dispute.

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