Flight of the Norwegian National Treasury
WW2 transfer of Norway's gold reserves to the US / From Wikipedia, the free encyclopedia
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The Flight of the Norwegian National Treasury was the transfer of Norway's gold reserves to the United States via the United Kingdom, to avoid them falling into the hands of Nazi Germany.
The National Treasury of Norway consisted of 50 tonnes of gold worth 240 million kr in 1940 (approximately US$54.5 million in 1940,[1] or US$1.8 billion in 2015.)
When the German invasion of Norway began, the gold was evacuated from Oslo first overland to Åndalsnes and then by ship to Tromsø. From Tromsø, evacuating Allied forces shipped the gold to Britain, despite German ground and air attacks. The gold was later shipped to North America and most was sold to fund the Norwegian government in exile. Ten tonnes returned to Norway in 1987.