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Message: IMF to sell gold
ALERT (INDUSTRY: NATURAL RESOURCES)
IMF to sell 12.5% of gold stake, worth more than $13 billion
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The International Monetary Fund said it would sell more than 14.2 million ounces of gold, currently valued at more than $13 billion, and cut substantial costs as part of an efficiency drive.
IMF to sell 12.5% of gold stake, worth more than $13 billion
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By Robert Daniel MarketWatch
4/8/2008 4:45:00 AM
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