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Poland Makes Its Biggest Gold Purchase Since 1998

  • Country added about 9 tons to reserves in July and August
  • That’s most since 1998, but small compared to Russian buying
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Poland is making a rare charge into gold.

The country added about 9 metric tons to its bullion reserves in July and August as prices dropped, International Monetary Fund data show. That’s Poland’s biggest purchase since 1998 and among the largest additions by a European Union nation since then.