By Sep, 26, 2011 CBGA3 has run for 2 years, Europe central banks sell 1.1 tonnes of gold, which is the lowest annual sell amount since CBGA was signed in 1999. Since the outbreak of financial crisis, Europe central banks’ will of selling gold have dropped to minimum. Facing the tense economic situation and terbulent financial, they are in urgent need of stablizing captial reserve, while gold can perform this function exactly.