2/12/2015 – Central banks purchased enough gold in 2014 to buy 75 Boeing Co. Dreamliners.
Governments added 477.2 metric tons to their reserves, the second-biggest increase in 50 years and 17 percent more than a year earlier, the World Gold Council said in a report Thursday. Based on the average price of gold in 2014, central banks probably paid about $19.4 billion. A Boeing 787-9 has a $257.1 million retail price, according to the company’s website.
Central banks have added to gold reserves for the past … read more