ECB gold reserves in 2 Nov week

GERMANY - The Eurosystem's net reserves in gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 2 November, the European Central Bank said Tuesday.

The ECB attributed the change in gold reserves to the sale of gold coins by one national central bank of the Eurosystem.

Meanwhile, the Eurosystem's foreign currency reserves decreased by EUR0.3 billion during the week to EUR257.1 billion as a result of customer and portfolio transactions.

The ECB also said that ca