Dutch Central Bank Shifts Gold Reserves from US and Canada to UK

The Dutch central bank has moved 86 tonnes of its gold reserves out of the United States and Canada to London, citing 'increasing geopolitical unrest'. The total Dutch gold stock amounts to 612.4 tonnes and was valued at 72.2 billion euros at the end of 2025.

Before the transfer, 31.3% of the Dutch bank's gold was held in New York and 19.7% in Ottawa. After the move, each country accounts for 18.5% of the Dutch gold reserve.

The share of gold held in London increased from 18.1% to 32.1%, while the bank still holds 30.8% of its gold in the Netherlands.

DNB President Olaf Sleijpen said, 'This makes it the quickest for DNB to deploy in a crisis situation.' The transfer was carried out partially by buying and selling and partly by physically transferring gold.