Netherlands moves 86 tons of gold from US, Canada

Published by NewsBytes on

Category: Global

The Dutch central bank (DNB) has shifted 86 tons of gold from the US and Canada to London. The transfer took several months and was prompted by "increasing geopolitical unrest." The precious metal is now held by the Bank of England for easier trading in a crisis. DNB President Olaf Sleijpen said this move was "necessary to strengthen our resilience and preparedness."

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