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Quote: The RBA also holds 80 tonnes of gold, valued at $1.5 billion. The US dollar price of gold rallied strongly during 2003/04, gaining around 25 per cent through to end April. The Gold Price is A$40,216.88 per kilo today. If we still have 80 tons that's now worth about A$3.2 Billion...

Looks like Costalot sold it. Not sure of the price but in 1997 it was $350 and dropping. He got a better price than Brown.

Guffer Brown, the now UK PM sold a load of gold when the price was around $240. He announced it first so that everyone knew that he was going to dump a load and magically the price dropped so he got even less for it. It was almost as if he was looking to get the lowest price possible to screw...