From Coin Week
By Louis Golino
''One of the drivers of higher gold prices in the future will be the
continuing desire of central bankers in the developing world to
diversify their assets by increasing their gold reserves.
The trend towards gold accumulation by central banks in the
developing world is an especially noteworthy development. Those banks
increasingly are seeking to diversity their assets away from the U.S.
dollar and the more they grow economically, the more gold they are
expected to acquire. They already account for about 60% of global demand
for gold.''
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