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Russia, China add gold reserves, Venezuela sells

Staff writer |
China and Russia, two of the largest holders of bullion, and Kazakhstan bolstered their gold reserves last month.

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Venezuela sold off more of its bullion earlier this year, data from the International Monetary Fund showed.

Extending a prolonged buying spree, Russia added 16.2 t to its reserves, China increased its holdings by 10.9 t and Kazakhstan raised its tonnage by 3.2 t. Turkey added 2.6 t.

Belarus cut its holdings by 2.6 t. Venezuela sold 34.2 t in February and another 8.5 t in March. There was no data for the country for April.

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