Definition: Monetisation of gold

Category: ESA 1995

Monetisation of gold occurs when the monetary authorities reclassify gold from stocks of valuables to reserve assets held by the monetary authorities. http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view
Source:
Eurostat, "European System of Accounts - ESA 1995", Office for Official Publications of the European Communities, Luxembourg, 1996
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