AKIPRESS.COM - The central banks of Uzbekistan and Turkey lead in gold purchases, Kitco reports.

Uzbekistan bought 8.7 tons of gold in October, the fifth straight month where they've purchased that amount.

This lifts YTD net purchases to 37 tons, and total gold reserves to 399 tons.

At the same time, he said that the Central Bank of Turkey bought 9 tonnes of gold last month, "lifting YTD net gold purchases to 103 tonnes. Total official gold reserves now total 498 tonnes.