28
September
Bundesbank to make minimal gold disposals
28 September 2010 The Financial Times
The German central bank will sell only a minimum amount of gold in the next year, confirming the shift away from large disposals by European central banks that has helped drive gold to record prices.
Under the Central Bank Gold Agreement, the central banks of the eurozone plus Sweden and Switzerland agree not to sell more than 400 tonnes of gold from their combined reserves in each September to September year.
http://www.ft.com/cms/s/0/73f8d218-ca61-11df-a860-00144feab49a.html
