Conversation so far:
who owns the gold in the bank of england
The Bank of England stores the UK’s gold reserves on behalf of HM Treasury / UK government.
Who owns the gold in the Bundesbank?
Ownership of Germany’s gold reserves resides with the German State and the Deutsche Bundesbank officially acts on behalf of the German State.
Which bank has the most gold reserves?
The US possesses the largest reported monetary gold reserves in the world at 8,133.5 tonnes.
Which bank has the second most gold reserves?
Germany’s central bank, the Deutsche Bundesbank, holds the world’s second largest official gold reserves, with claimed holdings of 3381 tonnes, stored over four locations.

Question: why are the reserves important
Self-contained rewrite: why are gold reserves important