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Central Banks Will Let Gold-Sales Agreement Expire

CommissarJones
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Central Banks Will Let Gold-Sales Agreement Expire

#239582

Postby CommissarJones » July 26th, 2019, 8:21 pm

The European central banks that signed a 20-year-old agreement coordinating their sales of gold have decided against renewing the accord for a fifth time, meaning it will expire in September. None of the signatories currently has any plans to sell significant amounts of gold, the European Central Bank said. The World Gold Council approved.

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