France's central bank completed the withdrawal of its remaining gold holdings from the U.S. Federal Reserve, selling 129 tonnes and replacing them with modern-standard bars stored in Paris between July 2025 and January 2026. The upgrade generated nearly 13 billion euros in profits for the Banque de France while consolidating reserves domestically and ensuring compliance with international trading standards.
As of early 2026, Germany holds approximately 1,236 metric tonnes of its gold reserves in the vaults of the Federal Reserve Bank of New York. This amount represents roughly 37% of Germany’s total gold reserves, with the holdings valued at over €100 billion.
Topicle Beta
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France's central bank completed the withdrawal of its remaining gold holdings from the U.S. Federal Reserve, selling 129 tonnes and replacing them with modern-standard bars stored in Paris between July 2025 and January 2026. The upgrade generated nearly 13 billion euros in profits for the Banque de France while consolidating reserves domestically and ensuring compliance with international trading standards.
First of many I hope. The dollar hegemony crumbles ..
Ed: not that gold and the dollar have a close relationship, but gold being removed shows a lack of confidence in the US, which reflects on the dollar.
There's speculation that Germany may be next: