Gold Returns Home: Central Banks Repatriate Reserves as Global Risk Rises

Global central banks are repatriating gold and diversifying storage away from London and New York amid rising geopolitical tensions and distrust in the traditional vaults; a World Gold Council survey shows fewer banks store gold in BoE or NY Fed vaults, with France, India and others relocating substantial bullion domestically or to alternative locations, signaling a shift in reserve management even as gold solidifies its role as a top reserve asset.