The current Labour Government must be cursing the day that then Chancellor of the Exchequer, Gordon Brown decided to sell half of Britain’s gold reserves. At that time he managed to sell it at €233 per ounce and now it stands at more than €3,600 per ounce. It is well known that in times of crisis, many individual and corporate investors turn to gold as a relatively safe area to hold funds but it is not so well-known that certain governments also see gold as a safe haven. Italian gold reserves third highest in the world after Germany and USA...						
						 
								