The Gold Market - Where Transparency means Secrecy

In conclusion, why do central banks refuse to release details of the serial numbers of their gold bars Because after all, If the gold is allocated, then there shouldn't be an issue. This secrecy around weight lists appears to be deliberate.

Publishing a central gold bar list would forever more also allow those bars to be independently traced with a high accuracy due to the serial number - refiner brand - year of manufacture attributes.

So there appears to be a concerted and coordinated effort by central banks, most likely formulated and imposed by the large gold custodians, to absolutely prevent any central bank gold bar weight list from ever being published anywhere.

Although central banks and large bullion banks often have different motives in the gold market, their motives align in protecting the market’s secrecy. Taken central bank secrecy and bullion bank secrecy together, the phrase ‘A riddle shrouded in mystery wrapped up in an emigma’ is unfortunately still an excellent description for the entire London Gold Market.

The Gold Market - Where Transparency means Secrecy