Central Bank of Europe has sold 30 tons of gold until June, 2008

The European Central Bank (BCE) has carried out golden sales for a whole of 30 tons of gold until June 30, he informed today the issuing institute. These sales have been realized of full conformity with the Agreement on the Gold of the Central banks of September 27, 2004, of which the BCE is signatory.

Thus together with 42 tons of gold sold on November 30, 2007, the BCE has sold 72 tons of gold during the fourth year of validity of the agreement, which began on September 27, 2007 and finishes on September 26, 2008.

The central banks of the euroarea, Switzerland and Sweden agreed in 2004 that annually and for a period of a period of five years they would sell as maximum 500 tons of his joint reservations.

The organism at that Jean Claude Trichet presides underlined in a bulletin that does not have intention of selling any more gold in the present year of validity of the agreement.

01-07-2008

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