Colombia Increases Gold Holdings as Kazakhstan, Mexico Cut
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Colombia increased its gold reserves by 2.3 metric tons in July and Kazakhstan, Mexico and Tajikistan reduced holdings by a combined 4.5 tons as the price of the metal rallied to a record.
Colombia’s bullion reserves rose to 9.16 tons last month, according to data on the International Monetary Fund’s website. Kazakhstan cut reserves by 3.11 tons to 67.3 tons in the period, Tajikistan reduced holdings by 1.19 tons to 1.8 tons and Mexico’s assets fell 0.175 tons to 105.7 tons, the data show.