Finally home, Bundesbank's gold goes on show.

ALL that glitters is definitely gold in a new exhibition at Germany's central bank that lifts the veil on the nation's massive reserves of the precious metal, partly to -

Reassure sceptics that the prized ingots are really there.

Europe's top economy and export powerhouse has the world's second largest gold reserves after the  United States, but for decades almost none of the roughly 3,400 tonnes of yellow metal worth a staggering -

117 billion Euros - [$145 billion] today, could be found on German soil.

To keep the Gold safe from a possible Soviet invasion during the Cold War, as well as for other historical reasons, the bars were instead stored in the treasuries of central banks on New York. London and Paris.

But growing public pressure spurred the Bundesbank to bring half its reserves home, a feat it completed last year through a series of cloak and dagger shipments from the Federal Reserve, the  Bank of England and the Basque de France.

The billions are now kept under lock and key in a secret location in the bank's basement in Frankfurt - except for the eight bars on display at its -

Money Museum as part of the exhibition........ ''Gold Treasures of the Deutsche Bank Bundesbank'', which runs until September.

''We're doing this to show citizens that the gold bars are here, to show transparency,'' Bundesbank Board member Carl-Ludwig Thiel told reporters, standing next to the gleaming 12-kilo  26 pound  bars in glass display cases.

''We want there to be trust in the Bundesbank central bank as an institution, and in the reserves of Bundesbank.

And you can win trust through transparency.''

The Publishing continues to Part-2.


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