The Dutch central bank (DNB) reorganized the location of 86 tonnes of gold between March and August 2026, shifting storage primarily from New York and Ottawa to London. The share deposited with the Bank of England increased from 18.1% to 32.1% of reserves, making London the Netherlands’ primary external gold storage location. This operation, which did not change the total volume of reserves maintained at 612.4 tonnes, aims to make gold more easily mobilizable in the event of a severe financial or geopolitical crisis. The DNB sold approximately 59 tonnes of gold in New York to repurchase an equivalent amount in London, thereby avoiding transatlantic physical transport.
Source: Read the original article
