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Austria to Repatriate Some Gold from London by 2020
May. 28, 2015 12:36PM PST
Precious Metals InvestingReuters reported that the Austrian central bank’s decision to repatriate a quantity of gold from London by 2020 is “absolutely not” linked to the possibility that Britain will leave the European Union.
Reuters reported that the Austrian central bank’s decision to repatriate a quantity of gold from London by 2020 is “absolutely not” linked to the possibility that Britain will leave the European Union.
As quoted in the market news:
[National Bank of Austria Governor Ewald Nowotny] said it instead reflected a trend among central banks, including Germany’s Bundesbank, to hold more reserves at home.
