FRANKFURT:
The German central bank, or Bundesbank, said Wednesday that it brought home last year more of its gold reserves from overseas storage. "The Bundesbank successfully continued its transfers of gold last year," the central bank said in a statement. "In 2015, 210 tonnes of gold were transferred to Frankfurt from storage locations abroad: around 110 tonnes from Paris and just under 100 tonnes from New York." Germany's gold reserves are the second-biggest in the world after those of the United States and totaled 3,381 tonnes this month, according to the latest data compiled by the World Gold Council. For decades the Bundesbank's gold holdings have been kept in the treasuries of other central banks in Paris, London and New York.