Dutch Central Bank Moves Share of Gold From U.S., Canada to London; Cites "Instability"
The bank said 86 tonnes were shifted to reduce risk and improve crisis readiness as the share held in London rose to 32.1 percent.
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Dutch central bank moves share of gold from U.S., Canada to London; Cites "instability"
The Nederlandsche Bank (DNB) has taken part of its gold supply out of the United States and Canada. The Dutch central bank will now keep the gold in London, making the city the place with the biggest share of Dutch gold, followed by Zeist. Some 86 tons of gold were moved from New York and Ottawa to London between March and August 2026. The amount represents nearly a third of the roughly 313 tons held in the two locations combined.
Approximately 86 tonnes of the Dutch gold stock appears to have been transferred from the United States and Canada to London between March and August of this year. The Dutch Central Bank (DNB) announced this today. That is nearly a quarter of the approximately 313 tonnes of gold that DNB had stored in the US and Canada. DNB says the gold was moved to be "better prepared for serious crises." According to DNB, London is an important trading center…
The Dutch Central Bank has moved 86 tonnes of gold from the US and Canada to the United Kingdom. This makes the DNB ‘better prepared for serious crises’, according to a statement. The gold was transferred from New York and Ottawa to London between March and August of this year.
Algemeen Dagblad
bd.nlThe Dutch Central Bank (DNB) has moved a large part of the Dutch gold reserves. Due to increasing global tensions, the central bank wants to be better prepared for potential crises. In total, more than 86 tonnes of gold (worth 10.3 billion euros) have been transferred from the United States and Canada to vaults in London.
Dutch central bank shifts 86 tons of gold to London for liquidity
The Dutch central bank's gold shift to London underscores a strategic emphasis on liquidity and crisis readiness, impacting global gold trade dynamics. The post Dutch central bank shifts 86 tons of gold to London for liquidity appeared first on Crypto Briefing.
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