According to what was communicated by the Bundesbank itself, the German central bank brought back a large part of its gold reserves to Frankfurt.
This is 3.378 tons of gold worth about 140 billion euros, which were moved out of the country at the height of the cold war, in places such as New York, London or Paris, deemed safer than a possible invasion of Germany by the Soviet Union.
However, the recent economic crisis has made it necessary to recover these reserves, given the growing discontent in public opinion, with some even going so far as to question whether they still exist.
At the conclusion of an operation of confidential contours, which lasted five years, the Bundesbank therefore brought back to Frankfurt 674 tons of gold deposited at the Banque de France and the Federal Reserve of New York. More than half of the country's gold reserves are now in the vaults of the German central bank.
