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Tag: Gold reserves

Bundesbank: German Gold is back home

Maybe it will soon calm a controversial issue in the precious metals sector: The Federal Bank has informed that in the meantime the German gold reserves were completely brought home from the US with 300 tons of gold. With a final tranche amounting to 111 tons, the mammoth logistical operation was completed last year. From France a further 105 tons of gold were returned to Germany. Carl-Ludwig Thiele, member of the German Federal Bank announced that the “gold relocations” from New...

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