IMF Has $2.79 Billion Windfall Profit on Gold Sale, Debates Use
Bloomberg reported on considerations by the International Monetary Fund on how to use profits from gold sales.
Articles Tagged "international monetary fund"
Gold, Silver Rise on Haven Demand Amid Portugal’s Debt Concern
Bloomberg reports that Gold and silver futures rose for the second straight day on speculation that Europe’s debt crisis is spreading, boosting demand for the precious metals as a store of value.
Gold May Climb as Irish Debt Concern Spurs Demand
Businessweek reports that Gold may rise as concern about Ireland’s debt woes spurs demand for a protection of wealth.
IMF sold 1.04 mln ounces of gold in September
Reuters reports that the International Monetary Fund sold 1.04 million ounces (32.3 tons) of gold in September.
Time To Bail Out On Gold?
By Kishori Krishnan Exclusive To Gold Investing News It is a trend that is catching on. First China bought gold from the International Monetary Fund, then it was the turn of India. Now, Sri Lanka has jumped onto the bandwagon. Countries are buying gold like there is no tomorrow. Sri Lanka’s central bank said it [...]
Anxiety Abounds
By Dave Brown – Exclusive to GoldInvestingNews.com Investors looking for a clear cut answer from the markets are left scratching their heads, as the market continues to be awash with conflicting opinions and analysts’ forecasts. The results are observed in a hyper sensitive environment where there, “has been a flood of brash pronouncements as the [...]
