AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

Mutek provides an essential platform for 150 performers to showcase forward-thinking electronic music programming and new media to more than 25,000 attendees
Read Full Press Release; Read Why Sonomax?
Jump Into Active Discussion Forum
*Sponsor*

CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: Latest Central Bank Sales info

Reply New Message

Back To Forum Go to List View

mongoldia

Rank: [?]

Treasurer

Points: [?]

693

Rating: [?]

Votes: 29 Score: 2.7

Currently 2.8/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Latest Central Bank Sales info

posted on Jul 11, 08 08:30AM

Central Bank Gold Sales At 297 Tons So Far This Year - WGC

203 tonnes to go until the end of Sept. As the price increases and banks have an increasing asset on their books, they are less likely to continue to sell as appreciation is greater than interest rates available through selling and putting into treasuries/bonds

Thu, Jul 10 2008, 14:55 GMT
http://www.djnewswires.com/eu

Central Bank Gold Sales At 297 Tons So Far This Year - WGC

LONDON (Dow Jones)--Central banks have just until the end of September to sell 203 metric tons of gold if this year's gold agreement sales quota is to be fulfilled, according to World Gold Council figures Thursday.

European central banks have sold just 297 tons of gold, far short of the 500 ton annual limit agreed by members to the Washington Gold Agreement, according to WGC.

Switzerland has sold the most, at 99 tons as of the end of June, while Sweden has sold seven tons as to July 7.

As of the end of May, the European Central Bank had sold 72 tons of gold, France had sold 85.6 tons and the Netherlands had offloaded 19.5 tons of the metal while a country not yet known has sold 14 tons of gold, according to the figures.

Last agreement year, from Sept. 27, 2006 to Sept. 26, 2007, the Eurosystem banks plus Sweden and Switzerland sold 475 tons of gold. The five-year agreement runs out next year.

-By Melanie Burton, Dow Jones Newswires; +44 (0)20 7842 9412; melanie.burton@dowjones.com

Reply New Message

Back To Forum Go to List View