π«π·πΊπΈ France just pulled all its remaining gold out of the New York Federal Reserve.
129 tonnes moved from U.S. custody to Paris vaults between July 2025 and January 2026.
All 2,437 tonnes of French gold reserves are now entirely in France for the first time since the 1920s.
France says it's "not politically motivated," just upgrading to modern standard bars.
But the timing is notable given global tensions and the Iran war.
They also made β¬13 billion profit on the swap due to rising gold prices.
Source: @mining
https://x.com/MarioNawfal/status/2041135080907722966