The Process of "Demonetization of Gold" Involves

Multiple Choice

The process of "demonetization of gold" involves:

A) purchase of gold and supply of money into the market by the central banks to defend the fixed gold prices.
B) sudden fall in private demand for gold in a country due to discovery of a minable gold deposit.
C) gold sales into the private market in recent decades by the central banks and the IMF.
D) sudden increase in the private demand for gold in a country, forcing its central bank to sell off gold.