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WGC hails IMF sale of 200 tonnes gold to India
"The IMF has clearly indicated its preference to sell the entire 403 tonnes to other official sector institutions, rather than over an extended period of time via CBGA3. In light of this, and the well-publicised concerns of many central banks over the level of their exposure to the US dollar, further off-market transactions must be a clear possibility," said the World Gold Council on the IMF gold sale to India. Read News
