Wednesday, May 28, 2014

The RBA Audits Its Gold Reserves Held at the BoE

Gold scales at 65 Martin Place Sydney with no gold to weigh

I received the following response from the RBA today in regards to questions posed earlier this week (see here).

The Reserve Bank has audited its gold at the Bank of England this financial year.

Regards

Mitchel

Mitchel De Los Mozos | Public Relations Officer | Media & Public Relations Office
RESERVE BANK OF AUSTRALIA | 65 Martin Place, Sydney NSW 2000
p: +61 2 9551 9830 | f: +61 2 9551 8033 | w:
www.rba.gov.au

I have asked the following question in return:

Hi Mitchel,

thanks for your quick reply.

Do you know if the audit was conducted by RBA officials and or an independent auditor, or done by BoE officals and the results provided to the RBA?