(Bloomberg) -- Gold rose in London after the
European Central Bank said it has no plans to sell more gold
through September. Silver also gained.
The ECB has sold 60 metric tons since September, the bank
said in an e-mailed statement today. Gold dropped 2.8 percent
last month, the biggest decline since September, amid
accelerating sales from banks in Europe.
Read more at Bloomberg Commodities News
European Central Bank said it has no plans to sell more gold
through September. Silver also gained.
The ECB has sold 60 metric tons since September, the bank
said in an e-mailed statement today. Gold dropped 2.8 percent
last month, the biggest decline since September, amid
accelerating sales from banks in Europe.
Read more at Bloomberg Commodities News
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