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Austrian Audit Court to Check Gold Reserves
Politics ♦
Published: September 1, 2012; 16:28 ♦ (Vindobona)
According to rumours, only a small part of Austria´s gold reserves are located in Austria. The biggest part should be in London and Basel, Switzerland.
Austrian Audit Court to Check Gold Reserves / Picture: © Vindobona.org
In total, the Austrian Central Bank (OeNB) has about 280 tons of gold worth € 11bn. The location of the reserves is still unknown. In the last months, rumours saying that the gold reserves would be stored in New York and London occurred.
OeNB´s governor Ewald Nowotny said that the gold is located at the most important gold trading hubs. OeNB explains that the storage location…
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