Wall Street Mav|Jan 24, 2026 03:39
Canada sold its gold holdings, reducing them from over 1,000 tons in the 1960s to virtually zero by 2016.
The policy to sell began in 1980, with the last sales in 2016, at an ave price of $120 per oz.
If those reserves were held today, they would be worth $161 billion today, leading many to label the sale a costly financial mistake, especially as other central banks buy gold.(Wall Street Mav)
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