The custody question: where are central banks storing gold? - OMFIF

The custody question: where are central banks storing gold? - OMFIF

Source: OMFIF

DW NOTE

When central banks start asking where everyone else's gold is stored, it usually means they've decided they'd rather have theirs close to home. The question isn't academic — it's a prelude to repatriation. Gold at $4,459 after a 16% drawdown from January's $5,318 high suggests the monetary authorities asking this question believe the next leg is up, and they want physical possession before it happens.

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