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Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “Romania“

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April 18, 2019 Key Gold Headlines

Romania a Step Closer to Repatriating Its Gold Reserves

Romania moved another step closer to bringing all of its gold home this week. According to Romanian news outlets, the Chamber of Deputies Budget and Finance Committee released a favorable report on legislation that would require the country’s central bank to repatriate its gold and hold it within the borders of the country.

March 5, 2019 Key Gold Headlines

Romania Considering Plan to Bring Its Gold Reserves Home

Romania may bring most of its gold home. Romania’s ruling party chief has submitted a bill that would require the country’s central bank to keep 95% of its gold within the borders of the country. Currently, about 60% of Romania’s 103.7 tons of gold is stored at the Bank of England.