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How will the on-market sales occur?

occur on-market sales
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How will the on-market sales occur?

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• To avoid any risk of disruption to the gold market, the on-market sales will be conducted in a phased manner over time, an approach successfully adopted by central banks participating in the Central Bank Gold Agreement. • The initiation of on market sales does not preclude further off-market gold sales directly to interested central banks or other official holders. Such sales would reduce the amount of gold to be placed on the market. • The IMF will continue to provide regular updates on progress with the gold sales through its normal reporting channels.

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