Nazi Gold Reportedly Will Go to Victims

Six tons of looted Nazi gold that were to have been distributed to the central banks of Europe will instead go to individual Holocaust survivors, sources close to the negotiations said Wednesday.

The sources, who asked not to be identified, said they expected the decision to be approved formally at a 25-nation conference in December.

Since the end of the war, a commission set up by Britain, France and the U.S. has distributed 371 tons of gold, worth close to $4 billion, to European nations whose treasuries the Nazis looted.

In May, a U.S. government task force concluded that the looted gold that had previously been deemed to have come only from central banks actually included gold from individual victims.