• "absolutely not" related to the possibility of UK leaving EU

  • it reflects a trend amongst central banks, including the BUBA, to hold more reserves at home

  • gold is now regarded as a "last resort" asset

Austrian central bank gov defending their decision to repatriate some gold reserves from London by 2020

Amount not specified

Gold currently trading at $1188.45 in a tight range this morning

Our Ewald looking to grab himself some gold back