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Finance & Development, September 1976

Finance & Development, September 1976 »

Volume/Issue: 13/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1976

DOI: http://dx.doi.org/10.5089/9781616353261.022

ISBN: 9781616353261

Keywords: gold, monetary fund, international monetary system, monetary system, inflation

This paper highlights that the IMF, as Trustee for the Trust Fund, held the first of its series of gold auctions on June 2, 1976, with the sale of 780,000 ounces of gold-the total amount offered-at a common price o...