MAS gold reserves climb 45% in three months

Singapore’s central bank has added to its gold holdings in the first three months of this year, reinforcing its position as the top institutional buyer of the shiny metal for the quarter. The Monetary Authority of Singapore's (MAS) gold reserves increased to 7.15 million fine troy ounces at the end of March from 4.94 million troy ounces at the end of December, official monthly reserves data showed. That's equivalent to a 45% increase in reserves of the shiny metal over that peri…