Russia, Kazakhstan Extend Gold Purchases as Prices Tumble

Russia, Kazakhstan Extend Gold Purchases as Prices Tumble Russia and Kazakhstan expanded their gold reserves for a seventh straight month in April, buying the metal to diversify assets even as prices slumped the most in three decades. Russian holdings, the seventh-largest by country, climbed 8.4 metric tons to 990 tons, taking gains this year to 3.4 percent after expanding by 8.5 percent...