April 09, 2026

France Moves 129 Tonnes of Gold from New York Federal Reserve

Apr 8, 2026 | France's central bank has pulled its remaining gold deposit out of the US with a capital gain of $15 billion. Over the past year and a half, 129 tonnes of gold has been moved from New York back to France, while other gold stocks were sold off at record prices. The value of gold has more than quadrupled over the last decade.‬ ‪

Why does gold still matter so much in 2026? International business commentator Vicky Pryce talks with CGTN about the move.‬