Austria says it has repatriated 15 tonnes of gold from London

Austria has repatriated 15 tonnes of its gold reserves as part of a plan to hold half its stock of the precious metal within the country's borders, the Austrian National Bank (OeNB) said on Friday.

The OeNB, which administers Austria's 280 tonnes of gold reserves, said in May that by 2020 50 percent of the reserves would be kept in Austria, 30 percent in London and 20 percent in Switzerland. Most of its stock is now in Britain.

Austria says it has repatriated 15 tonnes of gold from London