Few had expected India's Reserve Bank to be the first to buy the International Monetary Fund's gold.

VOA: standard.2009.11.06

One form of monetary policy that the Fed does is they can change these reserve requirements.

美联储制定的一种货币政策形式是,他们可以改变法定准备金率。

耶鲁公开课 - 金融市场课程节选

Clearly, this was due to the wipe-out of speculators on margin who were not buying silver as a monetary reserve, but as a risky trade.

FORBES: Silver Down 30%, Gold Off 11% As Panic Hits Precious Metals

Just as central banks in China, India, Russia and many other nations view gold as a monetary reserve protection against the falling dollar, major academic institutions are looking for new asset classes like precious metals and commodities to produce returns that can be put to work as a source of funds for a large portion of college operating expenses.

FORBES: University of Texas Endowment Holds $1 Billion Gold, 5% Of Its Portfolio

With the ultra-loose monetary policy from the global central banks and the Federal Reserve promising monetary stimulus until the jobs picture in the U.S. improves, investors have been returning to the gold ETFs.

FORBES: FOCUS: Gold ETF Popularity Rebounds; Focus Turns To Costs