Calcutta Telegraph logo Calcutta Telegraph 1 month ago

IMF move to perk up gold price

Calcutta, Nov. 3: The emergence of India as a surprise buyer of IMF gold has generated expectations that Asian countries are dumping their dollar reserves in favour of physical gold. Full Article at Calcutta Telegraph

Related Topics:

  1. International Monetary Fund
  2. Aaron Smith
  3. Manmohan Singh

Related Articles

  1. India snaps up 200 tons of IMF gold for $6.8b
    1 month ago

    The International Monetary Fund has sold 200 tons of gold to the Reserve Bank of India for $6.8 billion, quietly executing half of a long-planned bullion sale that has threatened to slow gold's ascent. Full Article at People's Daily Online

  2. Globe and Mail logo
    IMF makes golden sale
    1 month ago

    Why should we care about the IMF selling a truckload of gold to India? Well, to start, because the gold market clearly cares deeply. Full Article at Globe and Mail

  3. Rediff logo
    Why India bought IMF gold
    1 month ago

    It has been an incredible turnaround for India. In 1991, New Delhi kick-started the economic reforms process owing mainly to the serious balance of payments crisis it was facing. Full Article at Rediff

  4. TradeArabia logo
    India buys 200 tonnes of gold from IMF
    1 month ago

    The International Monetary Fund said it sold 200 tonnes of gold to the Reserve Bank of India for $6.8 billion, quietly executing half of a long-planned bullion sale that had threatened to slow gold's rally. Full Article at TradeArabia

View all Related Articles »

Related Quotes

  1. This is positive for the gold market as bilateral sales, which avoid the open spot market, will avoid adding to marginal physical supply
    SOURCE: livemint.com 1 month ago
(What's this?)
  1. Are you a Publisher?

    We built Daylife.com using our SmartMedia Services platform, which can give you thousands of content-rich, advertiser-friendly pages (like this one) on any topic and with full editorial control. Learn More »

    Our Customers
    prev
    next
  2. Our Products
    Daylife Select

    A point & click tool to create dynamic content portals. Learn More »

  3. Daylife API

    Unlimited smart, customizable content to suit any publisher. Learn More »

  4. Enterprise API

    Use the Daylife Platform to distribute content across your sites. Learn More »

  5. SmartContext

    Weave the web's best content into your own. Learn More »

Browse More Photos

Daylife is the web's largest archive of news photos

  1. A protester is silhouetted as he and his colleagues call on the IMF-World Bank and Asian Development Bank to keep out of climate negotiations during a rally in Mandaluyong City Metro Manila December 14, 2009.
  2. Indian captain Mahendra Singh Dhoni reacts after India won the first one day international cricket match against Sri Lanka, in Rajkot, India, Tuesday, Dec. 15, 2009.
  3. SRINAGAR, KASHMIR, INDIA - DECEMBER 15: A Kashmiri Muslim artisan paints the final touches to products before before sending them to the market on December 15, 2009 in Srinagar, Kashmir, India.

Cast of Characters

  1. International Monetary Fund International Monetary Fund
  2. Commerzbank Commerzbank
  3. See stories, photos, and quotes about Aaron Smith Aaron Smith
  4. Manmohan Singh Manmohan Singh
  5. See stories, photos, and quotes about New York Mercantile Exchange New York Mercantile Exchange
  6. See stories, photos, and quotes about James Moore James Moore