When the world’s biggest gold bullion company decides to sell its gold holdings

Goldbely, an Austrian gold mine company, announced on Friday it was selling its gold to Chinese mining giant China National Gold Corporation (CNGC) for more than $300 million, the world, biggest gold miner, announced.Goldbely is also taking a 25% stake in the CNGC in an agreement that was announced in March.Goldbey, which is controlled by …