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Central banks relocate gold reserves to Europe amid fears of US sanctions and asset seizure risks.

Market News
10 Sep 2026, 18:14 WIB
Kitco
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Neutral
Central banks relocate gold reserves to Europe amid fears of US sanctions and asset seizure risks.

Central banks like the Netherlands and France are moving portions of their gold reserves from North America to Europe, not selling them, to reduce risks of sanctions and seizure. This shift follows the freezing of Russian reserves in 2022, highlighting the vulnerability of dollar assets compared to gold held domestically. The Dutch central bank moved 86 tonnes of gold to London to improve liquidity and crisis readiness, aiming to strengthen gold's role as a trusted reserve asset. These moves reflect growing caution about geopolitical risks affecting international reserves.

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