Mexico City – The Bank of Mexico said it purchased 100 tons of gold over the past few months to diversify its reserves.

The gold accounts for about 4 percent of foreign reserves, or about $5 billion.

The "purchases were made as part of the normal policy of this central bank regarding the investment and diversification of its assets," the Bank of Mexico said.

Read more: http://latino.foxnews.com/latino/money/2011/05/05/bank-mexico-buys-100-tons-gold/#ixzz1LYNViJUa



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