09 October 2015

Bundesbank publishes gold bar list

On Wednesday Deutsche Bundesbank published “a list detailing its holdings of gold bars in custodian storage in Frankfurt am Main, London, Paris and New York”. While I welcome this move towards transparency and accountability on what is an important (and often controversial) public asset, it was disappointing that the Bundesbank did not think it necessary to produce a bar list that conformed to the usual standards that apply in the bullion market, which is to supply refinery, bar number, gross and fine weight, purity, and year of manufacture (where available). [read more]

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