‘Single-asset portfolio’: Kazakhstan plans gold sales as holdings reach 78% of reserves - Kitco
‘Single-asset portfolio’: Kazakhstan plans gold sales as holdings reach 78% of reserves - Kitco
Source: Kitco
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DW NOTE
Kazakhstan's central bank holds 78% of reserves in gold and now plans to sell. That's not diversification delayed — that's a forced exit after prices fell 21% from January's $5,318 peak. They bought the top and held too long.