Gold About To Breakout of Trading Range? India & Russia Central Banks Buying Large Tonnage Orders

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Gold is back above $1,850/oz again and we are getting more data that central banks in Russia and India are buying more gold.

Indian Central Bank Accumulating Large Quantities of Gold almost under the Radar
www.bullionstar.com/blogs/ronan-manly/indian-central-bank-accumulating-large-quantities-of-gold-almost-under-the-radar/

Gold demand in India is set to rise thanks to inflation and higher income levels
timesofindia.indiatimes.com/business/wealth/commodities/gold-demand-in-india-is-set-to-rise-thanks-to-inflation-and-higher-income-levels/articleshow/87176191.cms

Russia continues to add gold to the country’s huge forex reserves
www.rt.com/business/537986-russia-gold-reserves-growth/

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