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Friday, September 21, 2007

Central banks' gold sales during the third year of the Washington Agreement have likely reached 455 to 460 metric tons by mid-September, with just five days to go before the end of the quota year, World Gold Council data showed Friday.During the second year of the Central Banks Gold Sale Agreement, or CBGA, total gold sales only reached 395.5 tons, a positive development to the gold market at the time.