The Dutch central bank has shifted more than 78 tonnes of gold from New York to London in a politically sensitive move, citing “increasing geopolitical unrest”.
The transfer follows calls from European politicians and taxpayer lobbyists to repatriate gold reserves from the US, warning that an unreliable American government under President Donald Trump may otherwise seize them amid growing transatlantic tensions.
The Dutch central bank, known as the DNB, said the goal of the move was to strengthen its “crisis preparedness” by distributing its gold more evenly across jurisdictions.
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