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Saturday, November 21, 2009 10:38 PM

Published 11/03/2009 by RTE Online


'Lucky' IMF sale lifts gold to record

The price of gold surged to a new record high price of $1,085.07 an ounce this evening, a day after an announcement of a massive sale of gold by the International Monetary Fund to India.

Prices in London hit $1,085.07 per troy ounce and New York prices reached $1,084.70, breaking records...

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What others report on the same story

Gold hits record on Indian purchase
Gold prices surged to a new record today on the news that India's central bank had bought 200 tonnes of the precious metal.It is the biggest single central bank ... - [11/04/2009 - ABC Online]
Gold Jumps on India's 200-Tonne IMF Purchase, L...
don Gold Market ReportTHE PRICE OF GOLD rose sharply to 7-session highs against the Dollar and new 8-month highs vs. the Euro early Tuesday after the Reserve Bank ... - [11/04/2009 - GoldSeek.com]
In Rare Convergence, Dollar Follows Futures Hig...
Gold raced to a record high Tuesday and oil and grains prices rose too while the dollar hit a one-month high, exhibiting a rare breakdown of the inverse relationship ... - [11/04/2009 - Investors Business Daily]
DJ UPDATE: IMF Announces Sale Of 200 Metric Ton... - [11/03/2009 - Individual.com]
* IMF Announces Sale of 200 Metric Tons Of Gold... - [11/03/2009 - Individual.com]
* IMF Announces Sale of 200 Metric Tons Of Gold... - [11/03/2009 - Individual.com]
Gold rises on IMF gold sale to India - [11/03/2009 - CommodityOnline]
* India MOF Official:RBI May Bid To Buy More Go... - [11/03/2009 - Individual.com]
RBI buys 200 metric tonnes gold from IMF for US... - [11/03/2009 - DNA India]
RBI Buys 200 MT Gold from IMF - [11/03/2009 - Outlook India]
1 2 3 4 5 6 7 8 9 10 ... >>

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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 ...
The Significance of the IMF India RBI Gold Sales [The Market Oracle - 11/05/2009]
PM By: Tim_Iacono Much has been written in the last two days about the surprising purchase by the RBI (Reserve Bank of India) of some 200 tonnes of gold bullion, ...
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 ...
India Trounces China by Buying 1/2 of IMF Gold ... [The Market Oracle - 11/03/2009]
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 ...
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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Audio/Video

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