2009-11-03

IMF sells India 200 tonnes of Gold for $6,7bn

The International Monetary Fund has sold 200 tonnes of gold to the Reserve Bank of India for $6,7 billion, quietly executing half of a long-planned bullion sale that has threatened to slow gold’s ascent.

http://www.businessday.co.za/Articles/Content.aspx?id=85875

This doesn't surprise me at all. If is not China, will be India... :)

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