The International Monetary Fund buys gold from SA


IMF logo

Tuesday, 30 December 1969

The International Monetary Fund announces that it will agree to purchase gold from South Africa, subject to certain conditions. The price of $35 per oz. is agreed upon.

Read more on the history of gold mining in SA.972).

• Dictionary of South African Biography, Cape Town: Human Sciences Research Council, v. 4, p. 287.

Last updated : 02-Dec-2013

This article was produced for South African History Online on 16-Mar-2011