Canada’s government sells almost all gold reserves

Market news

4 March 2016

Canada’s government sells almost all gold reserves

The Canadian government sold almost all gold reserves. Canada's Finance Department said on Thursday that it sold off 21,851 ounces of gold coins in February. The government still has 77 ounces of gold.

A department spokesman said that it was the government's strategy to diversify its portfolio.

National People's Congress in China: Chinese officials will likely announce their plans for reform

A former adviser to the People’s Bank of China, Li Daokui: the Chinese was likely to expand around 6.7% this year

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