01483cas a2200229 a 4500 AALejournalIMF011550 230101c9999 xx r poo 0 0eng d 9781616353261 0145-1707 BD-DhAAL BD-DhAAL International Monetary Fund. External Relations Dept. Finance and Development, September 1976. Washington, D.C. : International Monetary Fund, 1976. 1 online resource (48 pages) Finance and Development <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper highlights that the IMF, as Trustee for the Trust Fund, held the first of its series of gold auctions on June 2, 1976, with the sale of 780,000 ounces of gold-the total amount offered-at a common price of USD 126.00 a fine ounce. The first gold auction was a success from the point of view of both the market and the IMF. In all, a total of 25 million ounces of gold from the IMF's holdings will be sold at auction over a four-year period. Mode of access: Internet Finance and Development; Finance and Development ; No. 0013/003 Full text available on IMF http://elibrary.imf.org/view/journals/022/0013/003/022.0013.issue-003-en.xml IMF e-Library