Metals moved very slightly on 2/14. No big changes to mention.
Germany has recently repatriated half of its gold reserves from New York and Paris, which is three years ahead of schedule according to original plans made in 2013. Plenty of people have speculated about the move, leading to rumors and conspiracy theories. Some of these include that the trust between central banks is deteriorating or that Germany is planning to back a new deutsche mark in case the euro zone breaks up. However, the Bundesbank has stated that this new storage plan is simply to “build trust and confidence domestically.”