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French central bank nets €13bn by pulling gold out of US reserves

Haitian Globe
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April 4, 2026
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1 min read
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French central bank nets €13bn by pulling gold out of US reserves

France’s central bank has sold off the last of the gold it held in the United States Federal Reserve and replaced it with higher quality bars in Paris, taking advantage of rising prices to make nearly €13 billion as it upgrades its holdings.

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