Kazakhstan, Azerbaijan, Belarus, Greece, Kyrgyz Republic and Mongolia also bought gold for their official reserves in March.
WASHINGTON(BullionStreet): Central banks in Russia and Turkey bought gold while Canadian and Mexican central banks trimmed gold reserves ahead of last week's spectacular gold plunge.
According to IMF, Russia lifted its gold reserve for a fifth straight month in
March, adding 4.7 tonnes of gold to its reserves, which stood at 981.648 tonnes by the end of last month.
Turkey raised its holdings by 33 tonnes to 408.874 tonnes, and South Korea increased its holdings by 20 tonnes in February to 104 tonnes.