Bundesbank reveals location of gold holdings

The Deutsche Bundesbank has revealed where its gold holdings are kept. The German central bank told CentralBanking.com that "part" of its gold holdings is kept in its own vaults in Germany. While the rest is looked after by the Bank of England, the Federal Reserve Bank of New York and the Banque de France.

The central bank explained that the precious metal was kept in the vaults of the places were the gold had been transferred to German ownership.

"This [split] has arisen for historical and mark