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Tag Archives: gold reserves

Greece’s gold reserves are worth €5.25bn, half stored abroad

Greece’s central bank said on Saturday it held 149.1 tonnes of gold reserves at the end of December worth 5.26 billion euros ($5.55 billion), with about half kept in its vaults and the rest stored abroad. Responding to a report of Kyriakatiki Dimokratia newspaper that half of its gold reserves …

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Why is Germany bringing Tons of Gold back home?

Germany’s central bank is bringing home gold reserves stored in places like New York and Paris faster than planned. The schedule was set for 2020. The move has the world puzzling as confidence in the euro ebbs even in the heart of the currency bloc after a decade of a …

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