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Dutch central bank shifts billions in gold from US to Britain in ‘crisis preparedness’ move
CNN • • business
Key Points:
- The Dutch central bank relocated 86 metric tons of its gold reserves from New York and Ottawa to London between March and August as part of "crisis preparedness" amid global political unrest.
- Prior to the move, New York held 31.3% and Ottawa 19.7% of the Dutch gold reserves; after the transfer, both cities now hold 18.5% each.
- The bank owns a total of 612.4 metric tons of gold valued at approximately 72.2 billion euros ($83.6 billion) as of the end of 2025.
- Over 27 metric tons of gold were physically moved from North America to the Dutch vault in Zeist, with a similar amount transferred from Zeist to London, while the remainder was relocated through selling and repurchasing gold.
- Governor Olaf Sleijpen emphasized that the move enhances the tradability and resilience of the bank’s gold reserves, despite expecting they will likely never need to be used.
