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News Link • Gold and Silver

Morning Note: Gold Replacing Dollar as World’s Reserve Currency?

Central banks are shedding dollars [DXC1  76.405    -0.08  (-0.1%)    ], reducing their holdings by about $9 billion in previous quarter, according to Nomura Securities’ Jens Nordvig, global head of G10 FX Strategy.

What are they buying instead? Gold 

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