After a weak March, central bank gold buying rebounded in April with global net purchases of 33 tons, according to the latest data compiled by the World Gold Council. Net central bank gold buying in March was downwardly revised to 3 tons with the late reporting of a 12-ton sale by the Phillippines. Uzbekistan, Thailand, and Jordan also reported large decreases in gold reserves in March. But with minimal selling and a large number of purchases in April, the March slowdown in net central bank gold buying appears to have been an anomaly. Eight central banks added a ton or more of gold to their reserves in April. The ... (full story)