Why are European countries moving their gold out of North America? - BBC

Why are European countries moving their gold out of North America? - BBC

Source: BBC

DW NOTE

The Fed tightened after COVID and watched as nations spent the next three years adding to reserves held in New York and London. Now those bars are moving home. The sequencing matters: countries repatriate gold when they stop trusting the jurisdiction that holds it, not when they start trusting their own vaults more.

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