Belgium's central bank offloads 30 tonnes of gold

Belgium's central bank said on Wednesday 10 August it had sold 30 tonnes of gold in July and August, leading to an increase in the yield on its assets.

"These gold sales took place within the framework of the gold agreement (the 'Central Bank Gold Agreement') which was concluded between 15 European central banks," it said in a statement.

The bank said it had 227.7 tonnes of gold after the sale.

Press reports quoted a central bank spokeswoman as saying it would not sell any more gold this year. She

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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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