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Saturday, November 21, 2009 10:05 PM

Published 11/03/2009 by Globe and Mail


IMF sells 200 tonnes of gold to India

The International Monetary Fund has sold 200 tonnes of gold to the Reserve Bank of India for $6.7-billion (U.S.), quietly executing half of a long-planned bullion sale that has threatened to slow gold's ascent.

The deal, which surprised traders who expected China to be the most likely buyer, will relieve...

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What others report on the same story

Purchase of gold will help RBI diversify forex...
- Forex - Web Extras - Our Bureau Mumbai, Nov. 3 The Reserve Bank of India?s decision to purchase 200 tonnes of gold from IMF is seen as an effort on the central ... - [11/03/2009 - Hindu Business Line]
RBI's gold buying has its own sentimental value...
The government on Tuesday said the RBI's move to buy 200 tonnes of gold from multilateral lending agency IMF provided a healing touch to the nation's pride that ... - [11/03/2009 - India Today]
India gold purchase adds to dollar concerns
India has almost doubled its gold reserves buying $6.7bn worth of the metal from the International Monetary Fund in a move that reflects long term concerns about ... - [11/03/2009 - FT.com - International economy]
RBI to buy 200 tonnes of IMF gold - [11/02/2009 - Livemint.com]
IMF sells 200 tonnes of gold to India - [11/02/2009 - France24 - Middle East]
IMF sells 200 tonnes of gold to India - [11/02/2009 - France24 - Africa]
IMF sells 200 tonnes of gold to India - [11/02/2009 - France24 - Americas]
IMF sells 200 tonnes of gold to India - [11/02/2009 - France24 - Asia Pacific]
IMF sells 200 tonnes of gold to India - [11/02/2009 - France24 - culture]
IMF sells 200 tonnes of gold to India - [11/02/2009 - France24 - Science]
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India Buys IMF Gold, What Could It Mean ? [The Market Oracle - 11/03/2009]
This flashed on the Bloomberg news wires this morning:India Buys IMF Gold to Boost ReservesIndia, the world’s biggest gold consumer, bought 200 tons from the International ...
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China Begins Building Gold Reserves] was going to buy this stash of gold from the IMF; but it appears India "won". This will drop the International Monetary Fund ...
India Buys Half of IMF's Gold for Sale! [The Market Oracle - 11/03/2009]
the Reserve Bank of India (RBI) announced the purchase of 200 tonnes of gold from the International Monetary Fund (IMF) for US$6.7 billion. This represents the largest ...
IMF sells 200 tonnes of gold to India [Metals News - Metals Place - 11/03/2009]
The International Monetary Fund announced on Monday the sale of 200 tonnes of gold worth $US6.7 billion ($A7.4 billion) to India's central bank to shore up IMF ...
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