Central Bank Gold Agreement
The original Central Bank Gold Agreement was signed in 1999 by the central banks of Germany, Great Britain, France, Austria, Switzerland, Belgium, the Netherlands, Ireland, Sweden, Finland, Luxembourg, Spain, Portugal, Italy and the European Central Bank.  The agreement was intended to stabilize gold prices by limiting the bullion sales by central banks. There were two further agreements, in 2004 and 2009. Those two five year agreements reduced the sales limit to 400 tonnes per year from 500 tonnes per year.
The European Central Bank and 20 other European central banks signed the fourth Central Bank Gold Agreement on 19th May 2014. The agreement, which applied as of September 27, 2014, is set to last until 2019. The signatories stated at the time that they did not have any plans to sell significant amounts of gold.
Collectively, at the end of 2015, central banks held around 31,400 tonnes of gold, approximately one-fifth of all the gold ever mined.
Current signatories include:
- European Central Bank
- Nationale Bank van België/Banque Nationale de Belgique
- Deutsche Bundesbank
- Central Bank and Financial Services Authority of Ireland
- Bank of Greece
- Banco de España
- Banque de France
- Banca d’Italia
- Central Bank of Cyprus
- Banque centrale du Luxembourg
- Bank Centrali ta’ Malta/Central Bank of Malta
- De Nederlandsche Bank
- Oesterreichische Nationalbank
- Banco de Portugal
- Banka Slovenije
- Národná banka Slovenska
- Suomen Pankki – Finlands Bank
- Sveriges Riksbank
- Swiss National Bank
- FACTBOX-Background to the Central Bank Gold Agreement. Reuters.
- PRESS RELEASE 7 August 2009 - Joint Statement on Gold. European Central Bank.
- Central Bank Gold Agreements. World Gold Council.