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Singapore central bank lifts gold holdings by 30%

Indira Vergis
The Monetary Authority of Singapore's increased holdings follows a banner year for central banks buying the precious metal globally.
Singapore central bank lifts gold holdings by 30%

The Monetary Authority of Singapore has raised its gold reserves by close to 30% since the start of this year, making it only the second time the central bank has increased gold holdings in the past few years.

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