The Rescue of Norway’s Gold

by Cindy Kay Stewart | Nov 1, 2023 | WWII Heroes

Today’s story is the miraculous account of how the Norwegian’s saved their gold reserves from the Nazis and spirited them out of the country right under the enemy’s noses. If the Germans had obtained these reserves, they would have gained more wealth to supply their war machine.

Although Norway was neutral during WWII, Nicolai Rygg, the director of Norges Bank where the nation’s gold reserves resided, made preparations in case Norway should fall or a crisis develop. Early in 1940, Rygg brought in volunteers to pack bars of gold in white painted boxes and seal them with iron bands. Bags of gold coins were packed in smaller kegs. Of the 421 million Krone stored in the bank, 300 million was shipped to the United States. The rest was left in the vault because Norwegian law did not allow all the gold to be removed from the country at one time.

After Rygg learned that German warships were headed up the Oslo Fjord on April 9th, Rygg contacted General Laake, the Commander-in-Chief of military forces, who ordered Rygg to immediately evacuate the gold to the bank in Lillehammer. Moments later, Rygg learned that the Germans already occupied major cities but hadn’t reached Oslo (the sinking of the Blücher kept the Germans from seizing the capital for an extra eight hours).

Twenty-six trucks were chartered from local merchants, and the drivers were directed to the side entrance of the bank but were not informed about what they would be carrying. Bank guards were placed close to the bank to keep inquisitive eyes away, but the military was not used in order to avoid drawing attention to the operation. The bank employees loaded the gold.

Each truck, along with two armed bank guards, drove away immediately after loading so there was no convoy to draw the attention of the Luftwaffe. The first truck left at 8:15 AM and the last truck shortly before 1:30 PM. German soldiers marched down the main street of Oslo at exactly the same time, and the Norwegian commander of the Oslo garrison surrendered the city at 2:00 PM at the Akershus Fort, only a couple hundred yards from Norges Bank.

The gold shipment totaled 818 large crates, 685 smaller crates, and 39 kegs of gold coins. Lillehammer was 115 miles from Oslo, and the trucks traveled over snow-laden roads. Vehicles and pedestrians fleeing the capital slowed down the trucks, and people became angry because the trucks didn’t stop to help them. The last truck arrived at the bank in Lillehammer at 8:00 PM.

The bank employees in Lillehammer tucked the gold away in their vault; however, they could only unload the cargo when the Luftwaffe wasn’t flying over them. The media picked up on the activity and broadcast that trucks of gold were arriving in Lillehammer. A Trondheim newspaper also reported on the shipment, but the Germans did not pick up on the reports. The Royal Family, the Norwegian government, and the Norwegian gold had escaped for the time being!

The gold remained at Lillehammer for ten days while the Norwegians barricaded the roads and kept the Germans from advancing. Rygg checked on the gold twice and on the second trip, he asked the bank manager, Andreas Lund, to memorize the numbers to the vault lock. Frequent bombing raids forced the bank to close and wait to reopen until the planes disappeared.

On April 14th, 15 German transport planes dropped about 180 lightly armed paratroopers in the Dombås area, northwest of Lillehammer. They were spread over a wide area, and the Norwegian troops successfully killed or captured them over a five-day period. This kept the railway lines to the north and the west coast open.

In the mean time, it became obvious that the Germans could overtake Lillehammer at any time. Oscar Torp, the Norwegian Minister of Finance, tasked Fredrik Haslund, Secretary of the Labour Party, with transporting the gold from Lillehammer to the port of Åndalsnes where the British Royal Navy could take it safely away. On April 17^th, the British—determined to assist the Norwegians in ousting the Germans—had landed a large number of troops and equipment at three Norwegian ports—Harstad, Namsos, and Åndalsnes. 

At midnight on April 19th, orders came to open the bank vault door. Unfortunately due to fear and anxiety, Lund had a difficult time getting the lock to the brand new vault open—it had only been opened once before and Lund was operating by memory. He finally succeeded with the code a little past 1:00 AM.

Haslund had recruited the Lillehammer chief of police who assembled 30 volunteers who met at a secret location at 10:00 PM. They were armed with spades and shovels so they would appear to be preparing to dig trenches. Instead they were quietly transported to the bank and loaded the trucks which took the gold to the railway station, a short distance away. The gold was loaded onto the wooden railcars. A small group of soldiers was ordered to accompany the train, but the men weren’t told what they were guarding. They soon figured out the contents because of the Norges Bank initials displayed on the outside of each container.

The train left Lillehammer at 4:00 AM with its lights dimmed in case any Luftwaffe aircraft flew over. When dawn approached, the bullion train stopped at Otta and pulled onto a siding to wait for a safer time to proceed. Later, a train arrived at Otta Station from the north with three carriages full of British soldiers who had their thumbs in the air. The Norwegians were encouraged. Little did they know what dangers lay ahead.

The gold train sat undetected on a railroad siding in Otta. It didn’t run during the day because the German bombers loved to target anything moving. After a twenty-four-hour wait, the gold train left at 10:00 PM and arrived at the port town of Åndalsnes at 4:30 AM on April 20th. 

Åndalsnes is located at the head of a fjord – a long narrow inlet which connects to the Norwegian Sea. The British had landed troops and secured Åndalsnes two days before, and at 9:00 AM on the 20th, the Germans commenced bombing the port, the British ships, all transport routes, and the town of approximately 2000 people. In spite of their intelligence, the Germans were not aware of the presence of Norway’s gold, which remained at the station awaiting transportation out by British warship to the United Kingdom.

At 11:00 PM, Fredrik Haslund, the official tasked with conveying the gold out of Norway, sent the gold train to a siding at Romsdalhorn, a few kilometers away. Towering mountains guarded the tiny station, making it a perfect place to hide a train. Due to the constant daytime bombing, a crew of railwaymen worked in twelve-hour shifts to repair the area’s rail lines.

On the night of April 24th, Mr. Haslund ordered the gold train to be brought down to the dock in Andalsnes. Norwegian soldiers loaded 200 boxes of gold onto the HMS Galatea which had just unloaded British troops and equipment. The cruiser carried sixteen tons of the gold along with Norwegian officials to Scotland, and from there, the gold was transported to London and the Bank of England. Thirty-four tons of gold remained in Norway, awaiting transportation to the Allies. If the Nazis took possession, the precious metal would provide a tremendous boost to the enemy’s war chest.

The Norwegians expected German soldiers to come up the valley into Åndalsnes at any moment. Only hours remained to move the gold. An army captain obtained twenty-five trucks and drivers, and in two hours’ time, all the gold was removed from the train and loaded on the trucks. The convoy navigated over poorly paved roads that were covered with melting snow and mud. Unfortunately, the Luftwaffe returned to Åndalsnes and attacked the convoy. The soldiers and drivers ran for cover and no one was injured during the forty-five minutes of strafing. The convoy continued its journey, and when the next attack commenced, the drivers sped up. The Germans weren’t successful at hitting their targets. After reaching a ferry crossing, some trucks were hidden and some were camouflaged until dark. 

A ferry arrived but could only carry two trucks across the water at a time. It took six hours to convey all the trucks to the other side. Because of deep ruts and potholes caused by the winter weather, the road ahead had to be repaired in places before the convoy could pass through. Trucks broke down and had to be replaced, and the crews became exhausted unloading and reloading the gold. Local farmers utilized their horses and equipment to drag one truck out of a ditch and back onto the road.

Eventually the convey arrived at the port of Molde where the Norwegian Government, King Haakon, and Crown Prince Olav were taking cover. They had arrived on April 23rd, and Molde had essentially become the new capital of Norway. The gold was unloaded into a large vault in the basement of the Confectionsfabriken building (clothing factory) in town.

The people of Molde were very helpful. They assisted with unloading the gold, providing security, and feeding the exhausted soldiers. But the Germans were intent on capturing or killing the King, Crown Prince, and Government. The Luftwaffe attacked Molde and it’s surroundings with bombs and incendiaries. The townsfolk set off the air-raid alarms as soon as they spotted aircraft, which allowed everyone time to escape to the woods.

On April 28th, the German Government announced that they were at war with Germany and that King Haakon was wanted ‘dead or alive.’ This was no surprise to the king or the Government. The relentless air strikes forced the British to send the cruiser HMS Glasgow to Molde and plans were made to evacuate. 

The Germans bombed Molde for the first time at night. With debris littering the roads and fires raging, Norway’s gold was loaded on any available truck and transported to various locations at the harbor. Not all the trucks were immediately able to find a safe path through the destruction. 

Before the HMS Glasgow could pull into port, a fire had to be extinguished on the dock. A portion of the gold was carried on board from this dock, and some was ferried by smaller ships from other points and loaded by crane onto the ship. The King, Crown Prince, members of the Norwegian Government, and the French, Danish, and British embassy members and staff joined British soldiers aboard the ship. 

After the Germans unsuccessfully attacked the ship, the Glasgow left port and sailed down the fjord in reverse for at least an hour. It was too dangerous to turn around in the fjord at night. Not all of the gold had been loaded and not all of the gold had even made it to the dock before the Glasgow was forced to sail. 

Along with the gold, the Glasgow carried King Haakon, Crown Prince Olav, members of the Norwegian Government, and diplomatic officials from Britain, France, and Denmark to the Tromso area in the far north of Norway. From here, the Norwegians hoped to form an offensive against the Germans and drive them out of the country. 

After delivering its precious human cargo, the Glasgow turned south and safely landed the second installment of Norway’s gold in Scotland. Norwegian officials accompanied the shipment by train to London where it was stored in the vault of the Bank of England.

Back in Molde, Fredrik Haslund, the official in charge of rescuing the gold, searched for a way to remove the 18 tons which the Glasgow had been forced to leave behind due to the bombings. While Molde was burning, Haslund loaded eight tons of the gold on the steamer Driva, and the ship set off at 2:00 AM, only one hour after the Glasgow had pulled away.

The Luftwaffe dropped a stick of bombs in the water near the Driva, but she wasn’t damaged. During her trip north she was attacked by a German seaplane, and to avoid being sunk, the Driva’s first mate beached the craft on a flat shoreline. Bombs fell but landed in the sea. As the tide came in, another steamer pulled the Driva back out into the fjord.

In the meantime, near Molde, Haslund decided the gold should be moved to fishing vessels because the Driva was too much of a target for the Germans. Word was sent to the Driva to rendezvous at the village of Gjemnes. The remaining ten tons of gold was transported by truck to Gjemnes and loaded onto fishing boats (puffers) there. Five hundred and forty-seven boxes of bullion were loaded in the dark, including the gold from the Driva. By this time, Norway’s fight against the Nazis was over in southern Norway but still continued in the far north of the country.

The puffers sailed through the fjords, laying over at coastguard stations and villages but not staying in any one place for long. Unfortunately, the captains of the puffers weren’t comfortable moving into unfamiliar waters farther north along the dangerous coast, and Haslund was forced to find other sources to move the gold to Tromso where the new capitol had been established. 

The gold was again unloaded and reloaded on two different fishing boats. The boats split up but rendezvoused at a small port north of Bodo on May 7th. Hasland left the boat and traveled by car to Bodo where he located the local military commander and learned where the British had placed the minefields in a fjord they must pass through. After safe passage through the fjord, they obtained the services of the commanding officer of a Norwegian guard ship who boarded and piloted them safely to Tromso where they arrived on May 9th. 

The gold was combined on one of the puffers, and that boat went out to sea with the other fishing boats each day. On May 21st, the gold was loaded on the HMSEnterprise, a Royal Navy cruiser. The Luftwaffe had previously attacked the Enterprise with 150 bombs, and she was in poor condition. She left on May 23rd on a zig-zag course for the UK. She was attacked again, but none of the bombs hit their target. The Enterprise traveled down the west coast of England without destroyer protection and docked at Plymouth in the south. The gold was transported by train to London and deposited in the Bank of England.

Expecting a German invasion of Britain at any moment, the Norwegians made plans to move its gold once again. The British had already removed all of its own gold reserves before the war started in September of 1939. The Norwegian precious metal was split into several shipments and sent across the Atlantic to the Federal Reserve Bank in New York and to the Bank of Canada in Ottawa. A small portion of the gold remained with the Norwegian Government-in-Exile established in England. This allowed them to function independently throughout the war. 

Source:  Gold Run by Robert Pearson. Casemate Publishers, 2015.