News Headline Summary

Bundesbank says to repatriate 374 tons of gold reserves from France by 2020

Says:
- To repatriate 300 tons of gold from New York Fed.
- Won't reduce gold reserves held at Bank of England.
- Gold withdrawal won't upset France.

Update details:

- On Monday there were reports in Handelsblatt that Bundesbank will keep less gold in New York and Paris any more, the decision comes in response to a recommendations by the Federal Audit Office.

Print 12:01, 16 Jan 2013 - Commodities - Source: Newswires