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Banque de France Sells Gold for €13 Billion Profit

4/6/2026

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Story summary
  • The Banque de France sold its remaining gold reserves held at the U.S. Federal Reserve, earning €13 billion.
  • The upgraded 129 tonnes are stored in Paris to meet standards.
  • Since 2005, BdF has replaced older gold to capitalize on high prices.
  • BdF Governor Francois Villeroy de Galhau said the move was not politically motivated.
  • The BdF posted €8.1 billion in 2025 net profit, reversing a €7.7 billion 2024 loss.