Bank of England Archives - Rethinking the Dollar

The Great Gold Shift: India’s Move Against Western Banks

Jun 1, 2024 | Gold

India’s repatriation of 100 metric tons of gold from the Bank of England signals a significant shift in global financial power and challenges Western gold leasing practices. In a world where economic instability seems to be the new norm, the phrase...

Venezuela Seeks to Repatriate $550 Million of Gold from Britain

Mar 27, 2023 | Financial Literacy

Article first appeared in Reuters (here) Venezuela is seeking to repatriate about $550 million in gold bars from the Bank of England because of fears it could be caught up in international sanctions on the country, two sources with direct knowledge of the...

Infographic: Central Bank Gold Buying and Gold Repatriation

Mar 15, 2020 | Gold

Gold buying by the worlds’ central banks is now at a 50 year high, with sovereign gold buyers having added a net 650 tonnes of physical gold to their strategic monetary reserves in each of the years 2018 and 2019. Central banks purchase gold for a number of reasons,...