Report on IMF gold seen having minor price impact

Newswire

NEW YORK, Jan 31 (Reuters) - A report saying that the International Monetary Fund could shore up its finances by selling a small part of its gold reserve should have little immediate impact on the gold market as it is uncertain whether the proposal will be approved, experts said on Wednesday. Selling up to 400 tonnes of the gold held by the International Monetary Fund would help to place its finances on a sustainable footing, according to a report by a panel of eminent officials released ...

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