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Economic Impact
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10/31/2001
NEW YORK – About $200 million of gold and silver buried under a building
destroyed in the World Trade Center attack is being recovered.
The metals stashed in a Bank of Nova Scotia vault at 4 World Trade
Center must be moved "because authorities need to demolish the
building," said Pam Agnew, a spokeswoman for the Toronto-based bank.
Armored cars were heading to and from the site Wednesday, but Agnew
would not comment on the removal effort.
"For safety and security reasons, I don't want to give away any details
that could put people's lives at risks," she said.
The building occupied by Bank of Nova Scotia was reduced to mostly
rubble along with the twin towers that collapsed after the Sept. 11
attack.
The eight employees who guarded the vault before the attacks escaped
unharmed.
The precious metals were insured.
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