| Author | Message | ||
     Ashton Side Hero Username: Ashton Post Number: 7054 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
So, I wonder what this will do to the gold prices. Is the gold market very dependent on central banks selling ? | ||
| Ashton Side Hero Username: Ashton Post Number: 7053 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
http://www.ft.com/cms/s/0/b9859c7e-c99b-11df-b3d6-00144feab4 9a.html Europe’s central banks have all but halted sales of their gold reserves, ending a run of large disposals each year for more than a decade. The central banks of the eurozone plus Sweden and Switzerland are bound by the Central Bank Gold Agreement, which caps their collective sales. |
