ASTANA (Commodity Online): Kazakhstan continue to raised its gold holdings for a fifth straight month in April this year, as per the latest official Central Bank gold holding figures from the International Monetary Fund (IMF). According to IMF data, Kazakhstan Central bank, the National Bank of Kazakhstan, raised gold holdings by 2.02 tonnes to 98.19 tonnes in April this year. The former soviet state's gold holdings were valued at nearly $4 billion and accounted for about 9.5% 0f the nation's gross international reserves. The central Asian nation announced plans last year to buy up the country's entire gold bullion output until at least 2014-15. In 2010, Kazakhstan was the world's 20th largest producer with an output of 26.9 tonnes of gold. In the first half of 2011, the country produced 18.832 tonnes of gold. Large gold producer in Kazakhstan include Kazzinc, a subsidiary of Swiss commodity trader Glencore, Russia's Polyus Gold International, and Kazakhmys, a Kazakh copper and gold miner. Kazzinc is the only company in Kazakhstan producing gold ingots that meet international standards, according to the central bank. Central banks are expanding their gold reserves for the first time in a generation as bullion rises for an 11th consecutive year, the longest winning streak since at least 1920, as investors seek to diversify their holdings away from equities and some currencies