The International Monetary Fund (IMF) spokesman said on 29 October, the IMF in September this year, the total sold in the international market gold 32.3 tons, of which 10 tons sold to Central Bank of Bangladesh. As of the end of September this year, the IMF in the gold market has reached a total 129.1 tons, by 29 September gold stock closing price us $/ounce calculation 1308.30, total approximately 59.58 billion.
IMF says it plans to sell gold 403.3 tons, reduction of gold reserves is the increase in low-income countries as part of the aid measures.
Market analysts pointed out that, in order to avoid market disruption, gold 2010 since the beginning of the IMF has been stable and continuous basis to the international market selling gold, well in line with the European Central Bank launched the regularity of gold sales plan. Which approximately 212 tons of gold are sold to India, Mauritius and Sri Lanka and other emerging economies. In addition to the IMF insists selling gold reserves are an inevitable and important reason, is the dollar, the price of gold has risen sharply.
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