Dutch Central Bank Shifts Billions in Gold From North America to London
The Dutch central bank said the transfer will improve crisis readiness as central banks diversify reserves after geopolitical unrest and the 2022 Russian asset freeze.
- This week, De Nederlandsche Bank confirmed it relocated about 86 tonnes of gold from North America to London and the Netherlands, stating the move ensures gold is 'readily available for use in a crisis situation.'
- Increasing geopolitical unrest prompted the shift as central banks globally seek to diversify storage, with the Netherlands aiming to spread risks across North America, the United Kingdom, and the Netherlands.
- Logistical adjustments saw 59 tonnes sold in New York and repurchased in London to avoid transport, while more than 27 tonnes were 'physically transferred' from North America to the Dutch town of Zeist.
- Global central banks are increasingly repatriating gold, with 9% of institutions increasing domestic storage this year, following efforts by countries like France, Germany, and India.
- Concerns about holding reserves abroad intensified after the United States and allies froze about $300 billion in Russian assets in 2022, while analysts forecast gold prices reaching $4,900 per troy ounce by late 2026.
30 Articles
30 Articles
Europe is moving its gold out of America; where is it headed
In a strategic maneuver amidst rising global tensions, the Netherlands has transferred part of its gold reserves to London, seeking more immediate access in times of crisis. The Dutch central bank cites London as a hub for the most liquid gold trading. This shift underscores a larger trend among central banks worldwide, which have been diversifying their gold holdings following the aftermath of the financial crisis.
WHEN THE Dutch central bank confirmed this week that it had moved tonnes of the nation's gold reserves from North America, it said it would be "better prepared for serious crises".
The Netherlands has decided to move a significant portion of its gold reserves from North America to Europe, in a move that is causing concern, as it is not the only European country to make this move, As revealed by the BBC, the Dutch central bank (DNB) confirmed that it has moved 86 tonnes of gold from its reserves in the US and Canada to London. This amount is part of the approximately 313 tonnes it held in North America in total. The Netherl…
Dutch Central Bank Shifts Billions in Gold From North America to London
The Dutch central bank has quietly repositioned a significant slice of the nation’s gold. Between March and August this year, De Nederlandsche Bank moved the equivalent of 86 metric tons from vaults in New York and Ottawa to London. The total stock stayed exactly the same. At 612.4 tons, the reserves were worth €72.2 billion at the end of 2025. Officials described the operation as a matter of readiness. “In view of increasing geopolitical unrest…
The Netherlands is transferring 86 tons of gold from North America to London. Now the debate on US gold reserves is also growing in Germany and Italy.
Changing the safe. The Dutch authorities decided to export 86 tons of gold from the United States and Canada — more than a quarter of their North American reserves — to the vaults of the Bank of England
Changing the safeThe Dutch authorities decided to export 86 tons of gold from the United States and Canada — more than a quarter of their North American reserves — to the vaults of the Bank of England. The wording...
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
