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Central Banks Pull 635 Tonnes of BIS Gold in Last Year, FT Says

The Bank for International Settlements said central banks have withdrawn 635 tonnes of gold from the so-called “bank for central banks” in the past year, the largest amount to be taken out in more than 10 years, the Financial Times reported, citing the BIS’s annual report.

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.

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