This is real — France's central bank did sell all its gold held in US vaults and made €12.8 billion doing it by reinvesting in higher-standard bars held in Paris. The reporting is sourced to official BdF announcements and covers the financial mechanics clearly. The framing emphasizes the profit and the move out of the US without deep context about whether this is standard central bank practice or signals broader geopolitical concern (the article mentions German economists citing Trump as a reason to move German gold, but downplays whether France's move was politically motivated by quoting the BdF governor saying it wasn't).