Allocated Gold at Bank of England declines 755 tonnes

The Bank of England's just released 2014 Annual Report discloses that it was holding 5,485 tonnes of gold as a custodian, down 755 tonnes to around the level it was in 2011 and 2012.

(Note - tonnages are deduced from monetary positions using the London Fix GBP prices as at 28 Feb)

Allocated Gold at Bank of England declines 755 tonnes