The Dutch central bank has transferred 86 tons of gold from North America to London to enhance liquidity and crisis preparedness.
The Dutch central bank has moved 86 tons of gold from North America to London to enhance liquidity and crisis preparedness. This move increases the Netherlands' gold reserves held in London to 32%, as the Bank of England's standard gold bars are considered easier to trade during market stress. The transfer does not alter the Netherlands' total reserve of 612.4 tons, with approximately 31% still stored domestically and the remaining 37% split between New York and Ottawa.
Source:X@DeItaone · Source Link
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