Central bank demand for gold may have slowed through the summer, but official purchases remain a dominant force in the market. El Salvador underscored this trend as its central bank just boosted its gold reserves for the first time in three and a half decades. The Central American country announced Thursday that it bought 13,999 troy ounces of gold, valued at $50 million. In a press release, the bank said the purchase was part of its medium- and long-term strategy to diversify and strengthen international reserves. With this acquisition, El Salvador's gold holdings rose from 44,106 troy ounces to 58,105 troy ounces, ... (full story)