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    gold investing

    Gold in the IMF

    Investing News Network
    Mar. 15, 2010 12:54PM PST
    Precious Metals

    Imf.org reported on Gold in the IMF:

    Imf.org reported on Gold in the IMF:

    Gold played a central role in the international monetary system until the collapse of the Bretton Woods system of fixed exchange rates in 1973. Since then, the role of gold has been gradually reduced. However, it is still an important asset in the reserve holdings of a number of countries, and the IMF remains one of the largest official holders of gold in the world.

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    gold investing
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