italyeconomy

Italy has taken a major step by placing its 2,452 tons of gold, worth nearly 300 billion dollars, under direct government ownership. The move stands out because it breaks from the usual European model where central banks operate independently. It could also encourage other countries to reconsider who truly holds authority over national reserves. Investors are paying close attention, since a shift like this can influence market confidence, policy decisions, and even the price of gold.

In short, Italy’s decision is a strong statement that may reshape parts of the European financial landscape in the months ahead.

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