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Why Spain keeps part of its €33 billion gold reserve hidden beneath New York

Somewhere beneath Manhattan sits an undisclosed quantity of gold belonging to Spain. The Banco de España knows exactly how much is stored there, yet it will not tell the public. Spain’s gold reserve stands at around 281 tonnes worth close to €33 billion at current prices. Most of it sits in the Banco de España‘s own underground vault in Madrid, but a portion has sat abroad for decades… Source

Somewhere beneath Manhattan sits an undisclosed quantity of gold belonging to Spain. The Banco de España knows exactly how much is stored there, yet it will not tell the public. Spain’s gold reserve stands at around 281 tonnes worth close to €33 billion at current prices. Most of it sits in the Banco de España‘s own underground vault in Madrid, but a portion has sat abroad for decades… Source
ORIGINAL SOURCE

Euro Weekly News Spain

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