Bundesbank under pressure over $172bn gold inventory

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The Deutsche Bundesbank is under pressure to physically verify its inventory of gold held at other central banks around the world, after Germany's Federal Court of Auditors said it was a legal requirement under German commercial law to provide a physical inventory.

When figures were last published, in December 2011, the Bundesbank held a total of 3,396 tonnes of gold, worth €132.8 billion ($172 billion). About 30% of this total amount is held in Germany and the rest divided between the Federal

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