Russia's announcement Tuesday that it will buy some 15.6 tonnes of gold further reinforces a growing trend among central banks -- a distinct lack of selling.
Indeed, if anything the trend is exactly the opposite, underlined by the massive purchase of some 200 tonnes of the IMF's gold by the Reserve Bank of India.
So where does this leave the third, and latest Central Bank Gold Agreement (CBGA) that sets out the timetable for official gold sector sales?
Click here to read more about central banks cutting back on selling their gold reserves.
