The article discusses how France earned nearly 13 billion euros with gold without producing a single gram. Between July 2025 and January 2026, the Bank of France got rid of 129 tons of gold stored in the United States to repurchase a modern stock in Europe, resulting in a profit of 12.8 billion euros.
The strategy drew inspiration from history, citing a similar move made by France in the 1960s. The goal was to secure, standardize, and take back control of the country’s reserves in an uncertain monetary world.
This decision aligns with a trend of countries, like Germany and the Netherlands, repatriating their gold reserves in recent years for reasons of verification, security, and economic independence.
The process involved converting dollars into gold and bringing back thousands of tons to Paris. By optimizing existing resources, France aims to ensure financial sovereignty and navigate geopolitical uncertainties effectively.
