||Following the lead of other countries around the world, Bangladesh has recently announced that it is to buy a substantial amount of gold bullion for investment purposes.
For centuries investing in gold has always been considered as a wise move in order to safeguard assets, especially in times of economic upheaval. Recently the International Monetary Fund (IMF) have introduced a series of initiatives encouraging developing countries, such as Bangladesh, to buy gold as an investment for the future.
The Reserve Bank in India recently purchased 200 tons of gold making them the largest consumer of gold in the world. China has recently announced that is is allowing the import of more gold bullion into the country in order to satisfy the current trend to invest in gold.