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18 Oct 2013
What does ECB Draghi think about gold?
FXstreet.com (Barcelona) - No other than the President of the European Central Bank, Mario Draghi, said, when asked by a member of the audience in the John Kennedy Jr. Forum, "I never thought it wise to sell [gold], because for Central Banks this is a reserve of safety." Draghi added that "in the case of non-USD countries, it gives good protection against fluctuations of the USD."