Commodities
Dutch Central Bank Relocates Gold Reserves to London Amid Global Unrest
The Dutch Central Bank has relocated billions of dollars worth of its gold reserves from North America to London in a move described as 'crisis preparedness' by the bank's governor, Olaf Sleijpen.
Between March and August, 86 metric tons (94.8 tons) of gold were transferred to London from New York and Ottawa, Canada.
The Dutch Central Bank holds 612.4 metric tons of gold worth 72.2 billion euros ($83.6 billion) at the end of 2025.
Gold held in London must meet modern international trade standards and is regarded as the world's most easily tradable gold, according to the bank.