Mexico's central bank was the most active official gold buyer in the first half of 2011. According to figures released by the World Gold Council it bought a net 98.8 tons of gold in the reporting period.
Russia was the second biggest net buyer with 41.8 tons.
Only two central banks, those of Greece and the Philippines, sold a combined net 600 kilos in the first half of 2011.
TABLE: Net changes in official gold reserves, i.e. central bank holdings, in the first half of 2011. Data: World Gold Council.
And here is the latest list of official gold holdings as of end June 2011. Click here to go to the The Prudent Investor homepage for more interesting posts
