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Germany’s Trust of US as Gold Custodian Is Under Review

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* Discussion: Germany’s Trust of US as Custodian Is Under Review

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Germany’s Trust of US as Custodian Is Under Review

Germany maintains the second-largest national gold reserve globally—behind only the United States. Approximately 1,236 metric tons, or 37 percent of that reserve, are reportedly stored in the vaults of the Federal Reserve Bank of New York. The original rationale, developed during the…

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