RTRS: Gold ushered to record high as dollar stumbles
Gold and gold receivables held by euro zone central banks fell by 2 million euros to 238.2 billion euros in the week ending October 9, the European Central Bank said on Tuesday.
Net foreign exchange reserves in the Eurosystem of central banks fell by 4.1 billion euros to 179 billion euros, the ECB said in its regular weekly consolidated financial statement.
Gold holdings fell because of the sale of gold by one euro zone central bank. The ECB said the move was consistent with the 2009 Central Bank Gold Agreement.
The bank's balance sheet totalled 1.8 trillion euros, down from 1.845 trillion the previous week.
