ECB Says Estonia’s Central Bank Joins Gold Agreement
This article is for subscribers only.
Estonia signed an agreement that limits how much gold European central banks can sell until 2014, according to the European Central Bank.
The five-year agreement announced August 2009 that was signed by the ECB and 18 other countries will remain unchanged over the period of the agreement, the ECB said in a statement on its website today. That agreement started Sept. 27, 2009 and limited gold sales to 400 tons a year for five years.