quote: Brian Giesen It finally happened. After a report in a German business daily earlier this week, the Bundesbank has today confirmed it will take back large quantities of its gold stored in New York and France. The AP reports that all 374 tons of German gold held in Paris and a further 300 tons of gold stored in New York will be moved back to vaults in Frankfurt by 2020. That amount is worth $36 billion at current market prices. It represents about 19 percent of Germany's gold reserves.