{
  "title": "Press Release: IMF Concludes Gold Sales",
  "publication": "IMF News, December 21, 2010",
  "sourceUrl": "https://www.imf.org/en/news/articles/2015/09/14/01/49/pr10509",
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  "summary": "The International Monetary Fund (IMF) announced the conclusion of the limited sales program covering 403.3 metric tons of gold.",
  "publishDate": "2010-12-21",
  "sections": [
    {
      "heading": "Summary of action",
      "content": "- The International Monetary Fund (IMF) announced the conclusion of the limited sales program covering 403.3 metric tons of gold.\n- The sales program was approved by the Executive Board in September 2009 (see Press Release No. 09/310).\n- Announcement date: December 21, 2010."
    },
    {
      "heading": "Purpose and policy context",
      "content": "- The gold sales are a central element of the new income model for the IMF endorsed by the Executive Board in April 2008.\n- The sales are intended to increase the Fund’s capacity to support low-income countries under a strategy endorsed by the Board in July 2009 (Press Releases No. 08/74 and No. 09/268)."
    },
    {
      "heading": "Modalities and execution",
      "content": "- Sales were conducted under modalities designed to safeguard against disruption of the gold market.\n- All gold sales were at market prices, including direct sales to official holders.\n\nSource: Press Release No. 10/509 (December 21, 2010).\n\n---\n\n\n References\n\n- Press Releases\n- PRESS CENTER\n- Press Release No. 09/310\n- No. 08/74\n- No. 09/268\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr10509"
    }
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    "Published: December 21, 2010",
    "The International Monetary Fund (IMF) announced the conclusion of the limited sales program covering 403.3 metric tons of gold.",
    "The sales program was approved by the Executive Board in September 2009 (see Press Release No. 09/310).",
    "Announcement date: December 21, 2010.",
    "The gold sales are a central element of the new income model for the IMF endorsed by the Executive Board in April 2008.",
    "The sales are intended to increase the Fund’s capacity to support low-income countries under a strategy endorsed by the Board in July 2009 (Press Releases No. 08/74 and No. 09/268).",
    "Sales were conducted under modalities designed to safeguard against disruption of the gold market.",
    "All gold sales were at market prices, including direct sales to official holders.",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[Press Release No. 09/310](https://www.imf.org/external/np/sec/pr/2009/pr09310.htm)",
    "[No. 08/74](https://www.imf.org/external/np/sec/pr/2008/pr0874.htm)",
    "[No. 09/268](https://www.imf.org/external/np/sec/pr/2009/pr09268.htm)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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