Bundesbank to bring gold back home


The Bundesbank will repatriate 674 tonnes of gold by 2020, it announced today (January 16), with the intention of holding half of Germany's gold reserve in its own vaults.

In total, the central bank holds 3,391 tonnes of gold, worth $183 billion at today's London am fix. Only 31% – 1,036 tonnes – is currently held in Frankfurt, with the reminder divided between New York (45% – 1,536 tonnes), London (13% – 445 tonnes) and Paris (11% – 374 tonnes).

Under the central bank's new storage plan, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: