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Message: Barrick Gold Sees European Central Banks Reducing Gold Sales

Barrick Gold Sees European Central Banks Reducing Gold Sales

posted on Apr 01, 2008 11:55PM

 DJ Barrick Gold Sees European Central Banks Reducing Gold Sales
Tuesday, April 01, 2008; Posted: 11:39 AM

 

 (excerpt)

There is the potential for central bank gold sales to fall," Jamie Sokalsky, Barrick Gold Corp. (ABX) chief financial officer, said at an investor conference in London.

Sokalsky noted that central banks did not sell their full allotment of gold in 2007.

"I think that is an indicator of some changed thinking," he said.

 http://www.tradingmarkets.com/.site/news/Stock%20News/1288293/

 

 

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