Russia, India, Saudi Arabia and the Philippines follow Soros and Paulson into the metal.
So far in 2010 Russia has increased its gold holdings by 2.8 million ounces, $3.6 billion at current prices. Total holdings by the Putin government total almost $30 billion. Saudi Arabia and the Philippines have disclosed new gold buying in 2010, plus India, Sri Lanka and Mauritius bought gold in 2009.
http://www.forbes.com/2010/09/10/barrick-gold-mining-markets-china-india.html?feed=rss_business_commerce
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