International Monetary Fund

Gold prices struck a record high for a second time this week, rising as high as $1,179.80 an ounce, lifted by a newspaper report that India was "open to buying" more gold from the International Monetary Fund and by broad dollar weakness.

In this article: Federal Reserve, U.S., and London

...and weeks. Gold is setting new highs because of "the (weak) dollar ... (and) also rumours (in the) Financial Chronicle that India is ready to buy more IMF gold", VTB Capital commodities analyst Andrey Kryuchenkov told AFP. "$US1200 is...

In this article: India, Inflation, and Barclays Capital

...bought two tonnes on November 11 for $71.7m. Prices had smashed their way to record levels on Wednesday amid a newspaper report that India was mulling the purchase of more IMF gold reserves. A weaker greenback makes gold cheaper for buyers...

In this article: Revenue, EPA, Sri Lanka, India, Washington, Mauritius, and US

...aren't likely to cough up much more. One central bank has even become a buyer. India recently purchased 200 tons of gold from the International Monetary Fund. If China decided to put 10% of its $2.3 trillion of official reserves into gold,...

In this article: Nasdaq, Andy Grove, Neil Patrick Harris, Rachael Ray, China, and India

...of 403.3 metric tons that the IMF's executive board approved in September. The island nation of Mauritius followed India with a small purchase of IMF bullion. Other central banks, including in China, are also expected to add to their gold...

In this article: India, Inflation, Platinum, Palladium, Silver, Barclays Capital, New York Mercantile Exchange, Dow Jones Industrial Average, and S&P 500 Index

...for the third time this week. Sri Lanka purchased 10 metric tons from the International Monetary Fund for about $US375 million, the IMF said yesterday, following India, Russia and Mauritius in the rush for gold. The metal slipped after the US...

In this article: London, Rhodium, Platinum, Palladium, Sri Lanka, Asset, Barclays Capital, India, and Duvvuri Subbarao

...weakness in the US dollar. Since the start of November, for example, India's central bank has scooped up 200 tonnes of gold from the International Monetary Fund, at market value for about 6.7 billion US dollars. Amid uncertainty in the...

In this article: Newmont Mining, Barrick Gold, Goldcorp, Canada, and South Africa