* Bank of Korea increases gold reserves to 84.4 to
Post# of 28539
Posted On: 12/04/2012 9:25:02 PM
* Bank of Korea increases gold reserves to 84.4 tonnes
* Gold holdings at 1.2 pct of total foreign reserves, up
from 0.9 pct
(Adds background, comments, bullet points)
By Christine Kim
SEOUL, Dec 5 (Reuters) - South Korea's central bank said on
Wednesday it bought 14 tonnes of gold in November using its
foreign reserves in order to spread its portfolio risks, while
releasing data showing total reserves rose after talk of market
intervention.
The Bank of Korea bought the gold fo
* Gold holdings at 1.2 pct of total foreign reserves, up
from 0.9 pct
(Adds background, comments, bullet points)
By Christine Kim
SEOUL, Dec 5 (Reuters) - South Korea's central bank said on
Wednesday it bought 14 tonnes of gold in November using its
foreign reserves in order to spread its portfolio risks, while
releasing data showing total reserves rose after talk of market
intervention.
The Bank of Korea bought the gold fo
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