IMF sells 191 tons of gold to China

peaceandlove · 03-16-2010, 07:21 PM

Look like China has bought their gold.

Spot Gold Prices Up on Interest Rate View or CHINA'S PURCHASE IS FINALIZED...

By Andrea Tse 03/16/10 - 02:29 PM EDTAdd Comment
Stock quotes in this article: SVM , PAAS , HL

NEW YORK (TheStreet) -- New York spot gold prices are rising in midday trading following declines in the dollar ahead of the expectation that the Federal Reserve will not be hiking up interest rates at this stage of the game, as well as on ongoing concerns about global credit problems.

Spot gold prices are rising by $14.60, or 1.3% to $1,123.40 an ounce.

Continues with Gold Chart: http://www.thestreet.com/story/10704...rate-view.html

03-16-2010, 07:21 PM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Re: IMF sells 191 tons of gold to China Look like China has bought their gold. Spot Gold Prices Up on Interest Rate View or CHINA'S PURCHASE IS FINALIZED... By Andrea Tse 03/16/10 - 02:29 PM EDTAdd Comment Stock quotes in this article: SVM , PAAS , HL NEW YORK (TheStreet) -- New York spot gold prices are rising in midday trading following declines in the dollar ahead of the expectation that the Federal Reserve will not be hiking up interest rates at this stage of the game, as well as on ongoing concerns about global credit problems. Spot gold prices are rising by $14.60, or 1.3% to $1,123.40 an ounce. Continues with Gold Chart: http://www.thestreet.com/story/10704...rate-view.html