Gold sales fall well below central bank pact limit

This article from the Financial Times, published Wednesday 27 September, notes that although European central banks have been big sellers of gold over the past six years, they appear to have lost their desire to sell the metal this year.

"Yesterday [Tuesday] was the end of the second year of the second five-year pact and was the first year that official sales have fallen below 500 tonnes since the first pact - introduced to steady the price of gold - started in September 1999," the article says.

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