Fund nears the end of gold sales
The IMF has sold about 87% of the gold it has earmarked for disposal, and analysts expect it will exhaust its full quota of 403.3 metric tonnes by the end of the year.
Data from the Fund's International Financial Statistics series, published last Friday, show it has off-loaded 129 tonnes of the precious metal on the open market since the start of this year. Combined with its off-market sales of 200 tonnes to the Reserve Bank of India last October, two tonnes to the Bank of Mauritius and ten
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