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The Netherlands moved 86.4 tons of gold from the U.S. to London to boost crisis readiness amid global tensions.

Market News
02 Sep 2026
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Between March and August 2026, the Dutch central bank transferred 86.4 tons of gold from New York and Ottawa vaults to London, aiming to improve crisis readiness amid geopolitical instability. This move shifted a significant portion of Dutch gold reserves to London, increasing its share to 32.1%, while reducing holdings in North America. Most of the transfer was done through book entries rather than physical movement, reflecting a strategic reshuffling rather than an urgent response to a specific threat. This action aligns with a broader trend among European central banks to repatriate and diversify gold reserves for better liquidity and reduced reliance on the U.S.

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