Belarussian central bank increases gold sales

The National Bank of Belarus increased sales of gold bars by 360% year-on-year to 802.9 kg in the first eight months of 2006, a source in the NBB's precious metals and stones department told Interfax.

Sales in the eight months were 140% higher than sales for all of last year.

The NBB sold 1.578 tonnes of gold bars between August 2001, when it began selling them, and September 1 this year. It bought back 103.7 kg in the period, including 75.6 kg in the first eight months of 2006.

The National B