Australia braces for a ‘significant’ increase in sapphires to boost economy

Posted February 03, 2018 12:20:42 Australia is likely to increase its gold reserves in an effort to bolster the country’s economy as a gold-backed currency is widely seen as a critical factor in its economy.The country’s gold reserves rose to $US7.5 billion ($9.2 billion) on Thursday from $US4.2bn ($5.5bn) a day earlier.Gold is the countrys […]