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What is the expected volume of gold sales?

April 26, 2017gold sales volume

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What is the expected volume of gold sales?

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• The Crockett Committee recommended that gold sales be strictly limited to the gold the IMF has acquired after the Second Amendment, which amounts to 12.97 million ounces (403.3 metric tons), equivalent to one-eighth of the IMF’s total gold holdings. • As noted above, there is no provision in the Articles to restitute this portion of the IMF’s gold holdings to members of the IMF.