Press release
2005-08-10
Press release of the National Bank of Belgium regarding gold sales
The National Bank of Belgium hereby announces that it has sold 30 tonnes of gold during the months of July and August. These gold sales took place within the framework of the gold agreement (the "Central Bank Gold Agreement") which was concluded between 15 European central banks, including the National Bank of Belgium, on 8 March 2004. The reduction of the gold reserve will enable to increase the yield of the Bank's assets.
Press release:
in Dutch (pdf - 77k) - in French (pdf - 18k)