UPDATE 1-Turkey, Belarus, Kazakhstan, Russia raised gold holdings in March - IMF

viernes 24 de abril de 2015 14:31 GYT
 

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NEW YORK, April 24 (Reuters) - Turkey, Belarus, Kazakhstan and the Russian Federation all bolstered their gold holdings last month as prices hit three-month lows, while El Salvador's holdings fell, data from the International Monetary Fund showed on Friday.

Russia increased its stocks by 30.533 tonnes to 1,238.292 tonnes in March, the data showed, resuming its buying after a pause early this year. The boost marked Russia's fastest bullion-buying pace since September 2014.

The country, the world's fifth-largest holder of gold reserves, had been on a buying tear, upping its reserves for nine straight months to December.

Belarus also boosted its holdings, raising them by 3.026 tonnes to 45.516 tonnes in March.

Turkey raised its holdings by 2.696 tonnes to 513.010 tonnes. Kazakhstan increased its holdings by 2.287 tonnes to 198.410 tonnes, the data showed.

El Salvador slashed its stocks by 5.412 tonnes to 1.372 tonnes last month, the data showed. (Reporting by Chris Prentice, editing by G Crosse and Bernard Orr)