Tuesday March 10, 02:31 PM

ECB-Gold reserves down by 37 mln euros in wk

FRANKFURT, March 10 (Reuters) - Gold and gold receivables held by euro zone central banks fell by 37 million euros to 217.743 billion euros in the week ending March 6, the European Central Bank said on Tuesday.

Net foreign exchange reserves in the Eurosystem of central banks rosel by 2.2 billion euros to 277.5 billion euros, the ECB said in its regular weekly consolidated financial statement.

Gold holdings fell as sale of gold by one euro zone central bbank outweighed purchase by another euro zone central bank, consistent with the 2004 Central Bank Gold Agreement, the ECB said.