Gold Tumbles as China is Uninterested in IMF's Sales
BonTradeA newspaper in China reported that an official from the China Gold Association said the county is unlikely to buy gold from IMF. 'It's not feasible for China buy the IMF bullion, as any purchase or even intent to do so would trigger market speculation and volatility'. Rather, the official stated China will increase gold reserves by acquiring gold mines abroad.
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Gold Tumbles as China is Uninterested in IMF's Sales
