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Germany to move gold reserves

15.01.13 @ 08:49

  1. By EUOBSERVER

The German Bundesbank plans to move all gold reserves out of Paris and reduce US reserves, reports Handelsblatt. Of the German gold reserves, 45% are stored in the US (3.396 tonnes), the Bank of England holds 13%, Banque de France in Paris 11% and the German Bundesbank has 31%.

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