The US version of the Krugerrand, the American Eagle 1 oz gold coin, is sold out, says the US Mint. Sales are expected to resume in early December.

Spot gold is consolidating gains in the $1187.50 area as emerging market central banks line up to buy from the IMF. Sri Lanka took down 10 tons of gold from the fund earlier this week, the IMF announced today. China and India remain in the hunt for large stores of gold.