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The Bank of France has transferred all its gold reserves from New York to Paris

Photo: ayala_studio / istockphoto.com

The Bank of France (Banque de France) announced the completion of a program to transfer gold reserves from From New York to Paris. The Bank reported on the sale of the remaining reserves in the United States as part of optimizing the storage of reserves.

Over the past few decades, the Central Bank of France has been exporting or gradually replacing old gold bars that meet modern international standards. From July 2025 to January 2026, 129 tons (about 5% of France's gold reserves) located in the United States were sold, Kommersant reports. A similar amount of gold purchased in Europe is stored in Paris.

Due to high metal prices, the regulator recorded a one-time income of almost 13 billion euros (about $ 15.1 billion), according to Reuters.

After the freezing of the reserves of the Bank of Russia in 2022, the issue of gold repatriation began to be discussed among central banks and politicians. Gold has already begun to return to India and Serbia, and calls for its transfer are heard in Germany, Italy, Poland and Romania.

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20.07.2026

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