Press Enter to search · ESC to close

Macro

Dutch central bank moves 86 tonnes of gold from New York, Ottawa to London

The Dutch central bank announced on September 2 that it transferred about 86 tonnes of gold reserves from New York and Ottawa to London between March and August, via market transactions and physical shipments. The bank said the move aims to strengthen crisis response capabilities, citing London’s advantages as a global physical gold trading hub with high liquidity and low execution friction. It expressed confidence in remaining gold held in North America and has no further relocation plans.

Original source

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback