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HomeNewsTunisia: gold assets amounted to 298 MTD at end of 2014

Tunisia: gold assets amounted to 298 MTD at end of 2014

According to the notes on the financial statements of the Central Bank of Tunisia (BCT), published Tuesday, assets in gold bullion is valued at 297.963 million Tunisian dinars (MTD) at end December 2014 against 263.348 MTD a year earlier , reports Ilboursa.

The assets in gold bullion are valued at the market price at December 31, using the London Gold Fix (USD 1,199.25 per ounce of fine gold, or $ 38.56 a gram of fine gold on December 31, 2014).

Given their specific characteristics, commemorative coins are not revalued at market prices and remain valued at the official rate of 0.6498475 dinar for 1 gram of fine gold, the source added.

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