China has let the world know how much more gold they have added to their reserves for the first 10 months of 2010. The number was a staggering 5x the 2009 levels in the same time period.
Indias imports have surprisingly increased by 23% as well in spite of rising prices. India generally sells gold with prices at these levels, but for the first time their net imports have increased during a higher priced market.
Russia and Iran must have finally got an invitation to the gold party as they have used some of their monetary reserves to establish a broader gold position.
Some interesting facts and points can be read here;