BERLIN -- Germany's central bank announced Wednesday that it would reverse a decades-old policy of storing gold abroad and reclaim $36 billion of bullion from New York and Paris to ensure that half of the country's reserves were on home soil by 2020.
About 674 metric tons of gold -- sent abroad to keep it out of the reach of the Soviet Union during the Cold War -- is to be "repatriated" and deposited in the Bundesbank's vaults in Frankfurt.
