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Hungary’s gold reserve tops that of Romania for the first time in history after 14.5 ton acquisition
For the first time in modern history, Hungary holds more gold reserves than Romania after the National Bank of Hungary purchased 14.5 tons of gold at the end of September this year, according to Tavex Romania.
Radu Dumitrescu · Journalist
· Updated · 2 min read
For the first time in modern history, Hungary holds more gold reserves than Romania after the National Bank of Hungary purchased 14.5 tons of gold at the end of September this year, according to Tavex Romania.
The price of gold gold has increased by 25% this year alone and reached an all-time high of USD 2,790 in October, but the trend has reversed since the election of Donald Trump, which brought new highs on the stock and crypto markets.
