Austrian Gold Stored in UK

Politics ♦ Published: November 24, 2012; 21:41 ♦ (Vindobona)

80% of Austria´s gold reserves are stored in the U.K. Only 17% of the reserves are kept in Austria.

Austrian Gold Stored in UK / Picture: ©

Until now, the location of the reserves was unknown. After protests of the Austrian Audit Court, the public and the Austrian opposition party FPÖ, the Austrian National Bank published the storage place of Austria´s gold reserves. In total, the Austrian Central Bank (OeNB) has about 280 tons of gold worth € 11bn.

83% of the reserves are located in London. About 3% are kept in…