IMF board backs gold sales
The International Monetary Fund's (IMF) executive board on Friday backed plans to sell a little over 400 tonnes of gold.
The IMF said it will sell up to 403.3 metric tonnes in a manner which will "safeguard against disruption of the gold market."
Dominique Strauss-Kahn, the managing director of the Fund, said: "These sales will be conducted in a responsible and transparent manner that avoids disruption. Most importantly, the sales are strictly limited to 403.3 tons, which is one-eighth of the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com