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tux3 3 hours ago

The source is a press conference where they state the total amount and total value of gold stored hasn't changed. In le figaro they report the profit is due to variation in price between the different transactions. Which seems to be a polite way to say they took exceptional risk.

tonfa 3 hours ago | parent | next [-]

> In le figaro they report the profit is due to variation in price between the different transactions. Which seems to be a polite way to say they took exceptional risk.

Nah it's just regular realized gain (delta between acquisition price and selling price).

https://www.banque-france.fr/fr/actualites/resultats-2025-de...

(so it's kinda irrelevant, it's just they have to put it in their books)

wqaatwt 3 hours ago | parent | prev [-]

They repatriated 129 tonnes in total, its was absolutely impossible to make $15B from that since that’s what 129 tonnes are worth in total more or less.

andyjohnson0 2 hours ago | parent [-]

They didn't repatriate the gold in the sense of physically moving it from the US to France. Instead, they sold the gold that was held in the US and used the money raised to buy gold from other sources, which is held in France.

Different gold, and two financial transactions, accounts for the financial gain.