IMF Completes Sale of $19 Billion Worth of Gold

Commodities Dividends Gold Gold Prices
by 

Yesterday, the
International Monetary Fund quietly announced that it had completed the
sale of over 400 metric tonnes of gold to Central Banks and other giant
institutions.

Though it’s one of the biggest single sales of gold in world history, it
was largely ignored in the mainstream press.

Most remarkably, this record gold sale has had little effect on the price
of gold futures.

To top