Secrets of the vaults: There is more to the Bank of England than just setting interest rates

The Daily Mail/Alex Brummer/12-21-2021

photo of Bank of England gold room“Who owns the gold in the vaults is a closely guarded secret but the Bank is known to have in safe-keeping the reserves of as many as 30 emerging market and advanced nations.”

USAGOLD note: This article offers an introduction to the Bank of England’s role as custodian and logistics manager for the physical gold held by nation-states and other major players in the market.

 

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