The sale 403.3 tonne of gold from the IMF

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Image by william c hutton jr

{Title} Gold gained ground at up to 1391 dollars, as the IMF announced the termination of the planned sales of the yellow metal, thus removing one source of supply of the precious metal that was pushing the market downward . Similarly, increased the price of platinum in 1731 dollars

The IMF has completed the sale of 403.3 metric tons or 13% of stocks to central banks and other market participants, the same as yesterday without revealing the amount collected.