Geopolitical Risks Fuel Gold Demand as Netherlands Transfers 86 Tons

The Netherlands has transferred 86 tons of gold from the US and Canada to London in an effort to enhance tradability amid rising geopolitical risks. This move reflects a growing preference for physical gold holdings within major financial centers.

France plans to repatriate 129 tons of gold between July 2025 and January 2026, further consolidating reserves locally to manage risk exposure.

XAU/USD is trading at $4,490, up 1.32% on the session. Technical indicators project a range of $4,336 to $4,644 over the next several days, with a 52% probability of an upward breakout.