7 Articles
7 Articles
The Bank of England is the world's second largest repository, and its ingot market, the world's trading centre
The Dutch and French central banks have withdrawn their gold from vaults in the US. The reasons are concerns about the reliability of the US, but also the need to keep gold closer to home countries in the event of a crisis, writes Poslovni.hr.
France withdrew the remaining gold reserves from New York, and the Netherlands transferred 86 tons to London.
The central banks of the Netherlands and France withdrew their gold from US treasuries. Reasons: concerns about the reliability of the US, but also the need to gold
European countries are moving their gold reserves from the US to Europe, following the recent move by the Netherlands. Economist Serhat Latifoğlu stated that the increasing US-EU tensions and the use of the dollar as a political tool have accelerated this process, and that the dollar's dominance as a reserve currency is gradually being undermined.
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