Survey concludes Germans hold more gold than their central bank
By GCRU Gold News on Wednesday, April 17 2019, 23:43 - Permalink
In total, private individuals in Germany own around 8,918 tonnes of gold.
If one were to collect the precious metal from all the repositories in the different corners of the republic and combine them with the gold reserves of the Bundesbank, then this would result in an imposing treasure of 12,288 tons. That sounds huge, but that's 6.5 percent of the world's gold reserves.