Thursday, February 25, 2010

China To Purchase Half of IMF's Gold

Wait, the world gold council said two days ago, let me get the quote directly,
China, the world’s biggest gold producer, isn’t a “realistic candidate” to buy bullion from the International Monetary Fund, the World Gold Council said.

Pravada, russian source, reports the following:
China has confirmed the intention to purchase 191.3 tons of gold from the International Monetary Fund at an open auction, Finmarket news agency said.

Source: english.pravda.ru

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