The monthly central bank statistics, compiled using IMF IFS statistics and published by the World Gold Council (WGC), suggests addition to official gold reserves by world central banks during the month of April this year, the latest month for which data is available. As per data, central banks across the world added a net 69.4t to official gold holdings. Five central banks accounted for a major portion of the total gross purchases of 74.1t. The largest buyer was Thailand’s central bank, whose gold purchases totalled 43.5t. In second and third place were Turkey and Uzbekistan with purchases of 13.4t and 8.4t ... (full story)