U.S. Congressman Asks Federal Reserve Whether Nations Are Repatriating Gold from New York

Amidst central banks globally acquiring gold at record rates, U.S. Representative Alex Mooney (R-WV) is questioning Federal Reserve Chairman Jerome Powell about gold, which is trading at all-time highs in most currencies. There are claims that Germany’s Bundesbank is looking to repatriate some of its gold held at the Federal Reserve Bank of New York.