An Introduction to SPDR Gold Shares

The document discusses proposals for the International Monetary Fund (IMF) to sell 400 metric tons of its gold reserves. It notes that previous IMF gold sales have faced opposition from the gold industry over price concerns. However, recent reports have endorsed a responsible approach to gold sales within existing central bank agreements that should not disrupt gold prices. While the IMF wants to use gold sale proceeds to fund its budget, Jubilee USA argues the funds should instead be used for multilateral debt relief to help poor countries achieve development goals. The document outlines two possible approaches for using IMF gold sales for debt relief.