1. The miners then sell the gold at prevailing rates, and use the future output to pay back the central banks. 2. Analysts have said an agreement to sell the gold could hurt gold prices. 3. And as the world accepts that, central banks will gradually sell more gold, depressing the price even further. 4. And they have added to the downward pressure by selling gold months ahead in the futures market and pocketing easy profits. 5. And the International Monetary Fund recently said it might sell gold to raise cash. 6. Any suggestion that miners will stop selling gold they have not yet dug lifts market prices. 7. At the same time, producers who had been selling borrowed gold to lock in prices against future production seem to be standing on the sidelines. 8. Australia also invested in U.S. and other international bonds when it sold gold. 9. Belgium and Switzerland already have announced plans to sell more gold. 10. Belgium and Switzerland this year announced plans to sell more gold. |