Netherlands Relocates Gold to London in Crisis-Readiness Push

The Dutch central bank moved about 86 metric tons of gold from New York and Ottawa to London between March and August as part of a “crisis preparedness” plan amid rising global unrest. The move shifts the distribution of its 612.4 metric tons of gold (worth about €72.2 billion at end-2025), with New York and Ottawa each at 18.5% of the holdings after the transfers and London holding the rest. The relocation included physically moving gold to a Zeist vault and financing the London shift by selling gold in New York to buy in London; officials say London gold is more tradable in a crisis, and Governor Olaf Sleijpen says the change strengthens resilience, though there is no expectation they will need to use the reserves.