Al Jazeera English·3 min read·medium

Why has the Netherlands moved $10bn of its gold from the US? - Al Jazeera

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Priyanka Shankar
Why has the Netherlands moved $10bn of its gold from the US? - Al Jazeera
AI Summary

The Netherlands has relocated a significant portion of its gold reserves from the US and Canada to the UK to improve resilience against potential global crises. The move follows rising geopolitical tensions involving the US, including trade wars and military conflicts in Iran.

Why it matters

The relocation of national gold reserves signals a growing lack of confidence in the stability of current international financial and geopolitical alliances.

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The Netherlands has $83.7bn worth of gold in domestic and foreign reserves.

x whatsapp-stroke copylink google Add Al Jazeera on Google info Gold bars are seen at the United States West Point Mint facility in West Point, New York [File: Shannon Stapleton/Reuters] By Priyanka Shankar Published On 3 Sep 2026 3 Sep 2026 | Updated: a day ago Updated: a day ago The Netherlands has moved billions of dollars of its gold reserves out of the United States and Canada, and transferred them to the United Kingdom amid global geopolitical tensions.

On Wednesday, the Dutch Central Bank (DNB) said it had moved the gold reserves to ensure it is “better prepared for severe crises”.

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