Central Bank Gold Agreement Sample Contracts
On 7th August 2009, the European Central Bank (ECB) announced the extension of the Central Bank Gold Agreement (CBGA) for another 5 years. The signatories for the CBGA3 were the same as the second agreement and they along with the ECB agreed to cap...Central Bank Gold Agreement • October 23rd, 2009
No one will deny that the original European Central Bank Gold Agreement (ECBGA) forged in Washington prior to the IMF meetings in September 1999 was an inspired strategy and of significant importance to just about all sectors of the gold market at the time. Now, ten years on, I suppose the question being asked is what relevance (if any) does ECBGA have in today’s climate.
T H E L O N D O N B U L L I O N M A R K E T A S S O C I A T I O NCentral Bank Gold Agreement • June 18th, 2003
The September 1999 Central Bank Gold Agreement has had a tremendous impact on the gold market. Not only did the CBGA head off a likely plunge below