Saturday, February 03, 2007

Gold Market News Summery

Dear readers,

It was a busy month! , Posted below are some of the latest international gold market news:

IMF to make central bank gold lending data more transparent

Blanchard & Company study
calling for greater transparency in central bank gold lending accounting has apparently helped to convince the International Monetary Fund to adopt a landmark accounting change in the way central banks account for gold loans.

IMF advised to sell 400 tonnes of gold

Britains Chancellor of the Exchequer (Finance Secretary) Gordon Brown was accused in the House of Commons Thursday of losing the equivalent of over 4.5 billion dollars by selling gold assets when prices were low.

Euro bank breaks rank, buys gold?

New gold products…

World Gold Council may offer new funds in Europe and India

Amfi expects launch of gold ETFs in Feb

NCDEX to launch 10 gm gold contract

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