Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

The Dutch central bank has relocated 86 tonnes of its gold reserves from the US and Canada to London, citing "increasing geopolitical unrest" and the need to respond more quickly during potential crises. The move reduces the bank's US holdings from 31.3% to 18.5% of its total gold stock, while increasing London's share from 18.1% to 32.1%, as London's market offers greater liquidity and faster deployment capabilities. Experts suggest this repositioning reflects broader concerns about the current US political context, though such moves by central banks have been occurring gradually over the past decade.