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France Holds 100% of Its Gold Reserves in Paris, Post Claims

The post says France sold gold stored in New York and bought the same amount in Europe, resulting in all of its gold reserves being held in Paris.

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Terms & Concepts
  • Gold reserves: Official gold holdings kept by a country’s central monetary authorities as part of national reserve assets.
  • Reserve repatriation: The transfer of reserve assets from foreign storage locations back to domestic custody.