No gold sale plan, says Bank of Italy

In a statement released on Monday 13 September, the Bank of Italy said it had no plans to sell its gold reserves.

"The Bank of Italy ... has not spoken of this matter, nor does any plan of this type exist," it said in a statement.

The Dutch central bank said on Saturday it would sell 100 tonnes of gold under the new 5-year gold sale agreement that takes effect in September and sell an additional 50 tonnes remaining from a previous agreement.

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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