Number: 96-810
Title: International Monetary Fund (IMF) Gold Auctions: Current Proposal, History, and Congressional Role
Authors: Patricia Wertman, Economics Division 
Abstract: In light of a current proposal to sell a portion of International Monetary Fund (IMF) gold holdings for the benefit of poor countries, this report examines gold sales by the IMF during 1976-1980. IMF gold sales require congressional reauthorization. Because the gold is owned by the IMF, however, there is no budgetary impact for the United States.
Pages: 6
Date: Updated October 4, 1996