La Bundesbank, as anticipated by the press yesterday, announced its intention to return the entire amount of its gold reserves from Paris and a part of those held in the USA, for a total of 674 tons, by 2020.
The percentage of German reserves kept in Germany would thus rise to 50%, from the current 31%. At the basis of the decision, explained the Bundesbank, there would be no fear of a new outbreak of the European crisis, but, much more simply, the absence of an opportunity for exchange, since France and Germany have the same currency.
