Serbia Vows to Boost Gold Reserves as China’s Zijin Opens Mine

October 24, 2021

Belgrade (Oct 24)  Serbia plans to boost its gold reserves from an already record-high 37 tons to prepare for challenges such as the energy crisis rattling Europe, President Aleksandar Vucic said.

The

National Bank of Serbia may buy gold at the “most favorable prices” from the local units of China-basedZijin Mining Group, Vucic said at the opening of the company’s newCukaru Peki high-grade copper and gold mine.

Bloomberg

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