Why European Countries Are Taking Gold Reserves From the US

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Factuality

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Fort Knox, the fortified complex in the state of Kentucky where it is stored about half of the gold reserves of the U.S. government, becomes a synonym for extreme security because of its inviolability and imposing structure.

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Factuality

Ownership

Well guarded is behind thick vault doors of Austria's most valuable treasure: 280 tons of gold. But more than half of it is outside the Republic. The OeNB explains why the gold reserves are kept in several places. AUSTRIA. The Republic has a billion-dollar treasure: its gold reserves. They are part of the Austrian foreign reserves, their administration and security is the responsibility of the Oesterreichische Nationalbank (OeNB). Gold reserves …