Dutch Central Bank Relocates 86 Tonnes of Gold
The share of Dutch gold reserves stored in New York has dropped from 31.3 percent to 18.5 percent.
TL;DR
- The Dutch central bank moved 86 tonnes of gold from the US and Canada to London.
- The transfer occurred between March and August.
- The move aims to strengthen crisis preparedness and improve gold reserve liquidity.
- A balanced distribution of reserves across different locations helps spread risks.