Banque de France's Gold Sale Yields Massive Profits Amid Revised Economic Forecasts
The Banque de France profits €12.8 billion from a gold sale while lowering growth forecasts due to geopolitical tensions and rising energy prices.
The Banque de France profits €12.8 billion from a gold sale while lowering growth forecasts due to geopolitical tensions and rising energy prices.
The Banque de France repatriated and modernized its gold reserves from New York to Paris, generating a €12.8 billion exceptional gain and securing strong 2025 profits.