Bank of Korea May Buy Gold in Medium-Term After Long Hiatus
South Korea’s central bank is weighing plans to add to its gold reserves for the first time in more than a decade, potentially joining a wave of purchases by monetary...
By Jack Farchy, Yihui Xie · Bloomberg Markets
South Korea’s central bank is weighing plans to add to its gold reserves for the first time in more than a decade, potentially joining a wave of purchases by monetary authorities around the world that helped push bullion prices to record highs.