Nations start line up for Washington rollover

UK - The announcement last week that Wim Duisenberg is to retire as head of the European Central Bank, and the comments by Bundesbank governor Ernst Welteke Tuesday that Germany may sell some of its gold, has revived industry speculation that the Washington Agreement, an official sales agreement for gold established in 1999, will be rolled over.

The Bundesbank has already completed the sale of 12 tons of gold Deutsche Mark coins and the finance ministry intends another 11 tons sales of euro gold

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