Most G7 favour IMF gold sales idea - report

A majority of Group of Seven members favour selling some of the International Monetary Fund's gold reserves to finance debt relief, a German newspaper on Friday 25 February reported G7 sources as saying.

But an outright sale from the IMF, the world's third largest gold holder, is not the only option under consideration, according to the Financial Times (FTD) article.

Other options could include a sale to an interested central bank or a revaluation of IMF gold reserves to current market prices,

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