The IMF was authorized to sell its gold holding.

IMF被赋予了出售其持有的黄金的权利。

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When interest rates eventually rise, the opportunity cost of holding gold will go up, taking off the shine.

当最终利率上升，持有黄金的机会成本将会上升，而黄金将失去其光芒。

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None of them offer a decent yield, reducing the opportunity cost of holding gold.

他们都未曾提出一份主要的产能计划，为此增加黄金的储备量机会减少了。

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Adam Hewison, president and chief strategist with INO and MarketClub.com, said he sees gold holding in a trading range.

FORBES: Connect

The low interest rate environment also makes holding gold funds better than holding cash or money market funds, he says.

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There is a difference between holding gold for price appreciation and holding it as an insurance policy or portfolio hedge.

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