The Netherlands has relocated 86 tonnes of its official gold reserves from the United States and Canada to the United Kingdom. This operation carried out by De Nederlandsche Bank comes amid heightened geopolitical tensions. The share of Dutch gold held in London has increased from 18.1% to 32.1%. The Dutch central bank cited the ability to deploy gold more quickly from the British capital as a key factor for the move. This strategic repositioning of reserves has drawn market participants’ attention regarding gold as a safe-haven asset.
Source: Read the original article
