2 articles from The Guardian World, Euronews.
The Dutch central bank relocated 86 tonnes of gold reserves from the United States and Canada to London, citing geopolitical unrest as the reason. The bank stated that holding gold reserves in London would allow it to trade them more easily and respond more quickly in crisis situations. The transfer was accomplished through a combination of buying and selling operations as well as physical transfers of the gold.
AI-generated summary of 2 source articles. Not original reporting — every claim links to its source below.
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’ The Dutch central bank says it has moved 86 tonnes of its gold reserves out of the US and Canada to London, citing “increasing…
The transfer was carried out partially by buying and selling and partly by physically transferring gold, the Dutch national bank said.
