×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Monday
26
Jan 2026
weather symbol
Athens 17°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Germany: Bundesbank is stockpilling gold in an unusual rate?

The vaults in Frankfurt are piling up gold lately.

Newsroom December 22 12:56

Germany is filling up the country’s vault with gold. The reason seems to be that the German gold stored in the American Central Bank FED and in the French Banque de France, is returning to the country. Out of the 3.381 tons Germany plans to have half back inside the country by 2020.

>Related articles

Historic record for gold as it surpassed $5,000 per ounce

Storm Goretti sweeps France, Britain, Germany and the Netherlands: Thousands of households without power and flight cancellations

Electricity restored after five days in southwest Berlin after far-left terrorists’ sabotage

Up until 2012 only 31% of the country’s gold was actually inside Frankfurt. But are these 1.036 tons of gold safe? This is the question that CSU MP Peter Gauweiler asked Süddeutsche Zeitung. The 270.000 bars of gold represent the second larger reserve in the world.

Gold ingots are on display during a press conference of Germany's Central Bank in Frankfurt, Wednesday Jan. 16, 2013.  Germany's central bank is to bring back home some US $36 billion ( 27 billion euro)  worth of gold stored in the United States and France. The Bundesbank said in a statement Wednesday that it will repatriate all 374 tons of gold it had stored in Paris by 2020. An additional 300 tons - equivalent to 8 percent of the Bundesbank's total reserves worth about US  $183 billion  will also be shipped from New York to Frankfurt. Frankfurt will hold half of Germany's 3,400 tons of gold by 2020, with New York retaining 37 percent and London storing 13 percent.  The move follows criticism from Germany's independent Federal Auditors' Office last year bemoaning the central bank's oversight of gold reserves abroad.(AP Photo/ dpa/ Frank Rumpenhorst)

(AP Photo/ dpa/ Frank Rumpenhorst)

In the 50s and 60s Germany bought large quantities of gold from the American Central Bank. During the Cold War Germany wanted the country’s reserve in gold to be outside Europe. But after the circulation of Euro many started arguing of the need for the country’s gold to come back, as it is happens now.

Ask me anything

Explore related questions

#FED#germany#Gold
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Three women dead in major fire at Violanta factory in Trikala

January 26, 2026

On a grassland area, tons of concrete are being poured for the White Coast in Mytakas, Milos

January 26, 2026

Historic record for gold as it surpassed $5,000 per ounce

January 26, 2026

Just one AI camera on Mesogeion Avenue issued 28,000 red-light tickets in one month

January 26, 2026

Heavy rain today and flood risk: Which areas are on “red alert,” difficult hours ahead for Attica

January 26, 2026

The hard (to impossible) aspects of a coalition government, PASOK… heading for the Conference, the green suitors and the crafty polls, the disgrace of a donation to the state

January 26, 2026

Major fire at the Violanta factory in Trikala: Five employees missing, six others taken to hospital

January 26, 2026

Greece–Italy 12–5: Historic bronze medal at the European Water Polo Championship

January 25, 2026
All News

> World

Smiling climber Alex Honnold waves to onlookers watching him from inside the skyscraper in Taiwan – watch the video

Using mainly his legs, Alex Honnold reached the top of the world’s 11th-tallest building – He described the fee he received as “awkwardly large” – The climb had originally been scheduled for Friday but was postponed due to weather conditions

January 25, 2026

A university in Texas banned a professor from teaching Plato

January 25, 2026

ICE agents shot and killed a protester in Minneapolis (videos)

January 24, 2026

“The Discombobulator”: Trump’s revelation about the secret weapon the U.S. used during the capture of Maduro in Venezuela

January 24, 2026

War in Ukraine: Diplomacy in Abu Dhabi, Bombardments in Kyiv and Kharkiv

January 24, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα