Dutch central bank moves 86 tonnes of gold to UK from US and Canada, citing ‘geopolitical unrest’
The Dutch central bank has relocated 86 tonnes of its gold reserves from the US and Canada to London. The bank stated the move is intended to improve liquidity and ensure faster access to assets in the event of a crisis amid rising geopolitical instability.
Why it matters
This strategic reallocation reflects growing concerns among European central banks regarding global stability and the physical security of national financial assets.
The Dutch central bank says it has moved 86 tonnes of its gold reserves out if the US and Canada. The Dutch central bank says it has moved 86 tonnes of its gold reserves out if the US and Canada. Netherlands Dutch central bank moves 86 tonnes of gold to UK from US and Canada, citing ‘geopolitical unrest’ Bank says gold reserves held in London could be traded more easily and the move will allow it to respond more rapidly in a ‘crisis situation’
Prefer the Guardian on Google The Dutch central bank says it has moved 86 tonnes of its gold reserves out of the US and Canada to London, citing “increasing geopolitical unrest”.
De Nederlandsche Bank (DNB) said gold reserves held in London could be traded more easily than those held in New York and Ottawa.
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