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    Finance & Development, September 1976
    Unavailable
    Finance & Development, September 1976
    Unavailable
    Finance & Development, September 1976
    Ebook190 pages2 hours

    Finance & Development, September 1976

    By International Monetary Fund

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    Currently unavailable

    Currently unavailable

    About this ebook

    This paper highlights that the IMF, as Trustee for the Trust Fund, held the first of its series of gold auctions on June 2, 1976, with the sale of 780,000 ounces of gold—the total amount offered—at a common price of US$126.00 a fine ounce. The first gold auction was a success from the point of view of both the market and the IMF. In all, a total of 25 million ounces of gold from the IMF’s holdings will be sold at auction over a four-year period.

    LanguageEnglish
    PublisherINTERNATIONAL MONETARY FUND
    Release dateSep 1, 1976
    ISBN9781463970581
    Unavailable
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