Dutch central bank moves 86 tonnes of gold to UK from US and Canada, citing ‘geopolitical unrest’
The Dutch central bank says it has moved 86 tonnes of its gold reserves out of the US and Canada to London, citing “increasing geopolitical unrest”.De Nederlandsche Bank (DNB) said gold reserves held in London could be traded more easily than those held in New York and Ottawa.“This makes it the quickest for DNB to deploy in a crisis situation,” the bank said in a statement on Wednesday.“With this step, we have improved the deployability of the gold reserves. We assume that we will never need to ...
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