IMF??
Read this. Google has much more.
http://qz.com/74459/why-central-banks-have-been-hoarding-gold-since-2009/
by aMorePerfectUnion IMF?? Read this. Google has much more. http://qz.com/74459/why-central-banks-have-been-hoarding-gold-since-2009/
Our numbers are the same here, qz.com cites gold.org which bases their info on imf.org. Here's the qz.com grapic--
--showing IMF stats on how from 2005 to 2009 central banks sold about a thousand tons of gold which they bought back since. Those sales and purchases (a couple percent--
--per year) have had negligible affect on gold's market price. Consider how they're buying less than a fifth of new mined gold hitting the market and how gold's price soared while central banks sold, and and how the price is tanking now while the banks are buying.