Posted on 15 January 2013. Tags: Bundesbank, Business & Finance, Currency, Europe, Federal Reserve, Finance, France, Germany, Gold, monetary policy, New York City, precious metals, United States, USA
Germany wants gold that it stores in France and the United States returned to it, according to reports. The Bundesbank’s total gold holdings top $200 billion in value, representing 3400 tons of gold. 1,500 tons of gold are stored in the vaults of the Federal Reserve Bank in New York City, and 450 tons with the Bank of France in Paris.
[Associated Press]
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