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Gold Focus: Putting Central Bank Sales Into Perspective
By CPM Group - October 21, 1999
The gold price has fallen sharply over the past few months, and the market has been gripped by fears of large ongoing future sales by central banks. The importance of future central bank sales has been overdone by the market, for several...
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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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