Dutch Central Bank Moves 86 Tons of North American Gold to London
- 1The Dutch Central Bank (DNB) has transferred 86 tons of gold from North America to London, citing increased geopolitical tensions.
- 2The gold was withdrawn from the U.S. and Canada between March and August; 27 tons were moved physically, while the remainder was sold in New York and repurchased in London.
- 3The bank said trading is easier in London during a crisis, with its share of gold held there rising from 18.1% to 32.1%.
This 3-line summary is compiled from the report below.
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