Noyer says France open to gold sale

- Central Banking staff
- 15 Apr 2004

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Bank of France governor Christian Noyer said in an interview published on Wednesday 14 April that he was open to selling some of France's gold but that the receipts would not go directly to the state.

"Sell gold, yes, but... there is no question of selling it to give the money obtained directly to the government," he told French daily Le Parisien on Wednesday.

Proceeds from the sale could be invested, with the accrued interest generating revenue for the Bank of France, which then could be paid as

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