Gold Laying Goose Gets Jumpy

Super gold pilers and vaulters eye each other with suspicion, as trust between them erodes gradually. Several African governments have withdrawn their stock of gold from the United States. This could have a domino effect. Afghanistan’s gold worth $9.5 billion reportedly remains frozen in US bank vaults. In May, India reportedly repatriated 100 tonnes of its gold from the United Kingdom. Half of its 800-plus tonnes of the yellow metal is in foreign vaults.