Gold over $1095 after IMF Bullion Sale Gold News.

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Gold over $1095 after IMF Bullion Sale

The Gold market price has risen to new highs today after news that India's central bank had bought 200 tonne of gold from the International Monetary Fund (IMF). This sale by the IMF to India was almost 50% of the total 403.30 tonnes that the IMF have planned to sell in the short term.
The Gold market broke the $1095 oz barrier on the back of this sale to India by the IMF breacking previous record highs earlier this year.

Weds 4th November 2009 Gold News

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