Nearly 22 tonnes of Afghan central bank gold stored with the New York Fed has just been frozen by the US Treasury.
This Afghan gold consists of a total of 1731 old “non-Good Delivery’ gold bars, which have been in the New York Fed vault since 1939.
This is also not the first time this Afghan gold has been blocked, as it was also frozen between 1999 and 2001. Continue Reading
Ronan Manly is a precious metals analyst with BullionStar whose blogs
often cover current themes including what's going on in the
London gold market and the gold activities of central banks.