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Gold holdings of Norway

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A 20-crown gold coin with the coat of arms of Norway.

The gold reserves of Norway (Norwegian Bokmål: Norges gullbeholdning) were the physical reserves of gold of the Kingdom of Norway. The reserves consisted of approximately 37 tonnes divided on 33.50 tonnes of bars and 3.50 tonnes of coins.[1] In 2004, the Bank of Norway—the central bank issuing the Norwegian crown—excluded the gold from its international reserves and sold all bars except seven.[1]

When Norway was invaded by Germany in 1940, the gold was transported to the United Kingdom by the British Royal Navy and further to Canada and the United States.[2]

References

  1. ^ a b c Bank of Norway, 14 November 2007.
  2. ^ a b GullNorge.no.

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