CHINA IN PERSUIT OF GOLD PURCHASES

China @ (1.8%) looks to increase it's Gold holdings more than the United States @ (76.6%) 'Bloomberg Gold is set for a 12th annual gain, supported by central-bank buying and record holdings in exchange-traded products as investors seek to preserve their wealth from falling currencies. The People’s Bank of China hasn’t disclosed any changes to its gold reserves since 2009, when it said they’d risen 76 percent to 1,054 metric tons. While the U.S., Germany, Italy and France keep more than 70 percent of reserves in gold."