WGC confirms 475 gold tons sold by central banks

Weather

According to the World Gold Council (WGC), signatories within the Central Bank Gold Agreement of 27 September 2004 are expected to have sold 475 tons of gold in the third year of the current agreement.

This is up from 395.8 tons sold in the second year of the agreement, closer to the 497.2 tons sold in the first year. Under the current five-year agreement, central banks agree to limit combined annual sales to 500 tons of gold. Virtual Metals estimated the same amount of 475 tons yesterday. See RI’s coverage for more details. (resourceinvestor.com)
More Companies Take Action Against Corruption Analysis

More Companies Take Action Against Corruption

Karácsony Still Winner of Budapest Mayoral Election After Re... Elections

Karácsony Still Winner of Budapest Mayoral Election After Re...

2 Major Ground Handlers at Budapest Airport Join Forces Transport

2 Major Ground Handlers at Budapest Airport Join Forces

Summer Camp Prices Have Increased 10-15% Tourism

Summer Camp Prices Have Increased 10-15%

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.