France Moves $15 Billion Worth of Gold from U.S. Vaults, Sparking Global Currency Shift Speculation
The Bank of France recently moved and sold approximately €13 billion ($15.1 billion) worth of gold stored in New York vaults to replace it with European bullion held domestically. This move is seen as part of a broader trend where central banks are relocating reserves closer to home, potentially signaling a shift away from U.S.-held assets.
Topics: currency shift France central bank gold reserves U.S. vaults