Netherlands Shifts 86 Tonnes of Gold to London Amid Geopolitical Unrest
The Dutch central bank moved 86 tonnes of gold from the United States and Canada to London to improve deployability in a crisis, citing rising geopolitical unrest; after the transfer, London holds about 32.1% of the reserve, New York and Ottawa each hold 18.5%, and the Netherlands hosts 30.8%, with the move achieved through a mix of buying/selling and physical transfers.