France Repatriated 129 Tons of Gold in 6 Months, & the Gold Price NEARLY DOUBLED

6 days ago 5

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FRANCE COMPLETES REPATRIATION OF 129 METRIC TONS OF GOLD RESERVES BY SELLING GOLD HELD AT THE NY FED, BUYING NEW BARS IN PARIS⚠️ France just “repatriated” their gold reserves held at the NY Fed by selling them & using the proceeds to buy new “modern” gold bars in Paris according to an article from Reuters: “A 2024 internal audit recommended completing the ​process for the small share of French gold still held ⁠in New York. The residual stock of 129 metric tons, or about ​5% of France’s total gold reserves, was upgraded by selling the gold ​and buying compliant bars...
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