South Korea is investing in gold.

(EMGoldex news)

South Korea is investing in gold - the state has increased foreign exchange reserves to record levels. The Central Bank of the Republic of Korea reported a record increase in foreign exchange reserves in July of this year. Thus, in the month of gold reserves in South Korea increased by 3.27 billion to $ 329.71 billion dollars, up from January 2013 is a record figure, and due to the increase of the exchange rate of non-dollar assets.

Republic has surprised many analysts with their achievements, as early as June of this year, it was a record low for the last thirteen months rate - reducing by 1.66 billion to 326.44 billion dollars. To this decline has led a number of factors, including: the strengthening of the dollar, the payment in exchange stabilization fund from Seoul and the fall in the value of state assets invested in other currencies.

The Central Bank of the Republic of Korea said that an increase in foreign exchange reserves led the increase in investment income and the strengthening of the euro and the Japanese yen against the U.S. dollar by 1.8% and 0.4%, respectively. In addition, the obvious is the fact that investing in gold is effective even at the state level.

As for ordinary people, for their investment in gold - it is an opportunity to keep their savings in the long run to get income. If you long to wait for the profits do not want to make an investment in gold, in collaboration with the company Emgoldex. This is the online store of gold, where you can not just buy gold bullion, and start consistently and earn a lot by working in a team.

(EMGoldex team)