The Netherlands withdrew part of its gold reserves stored in the United States and Canada. The decision was made by the Dutch central bank, which justified the measure by the "growing geopolitical instability" currently.
According to the central bank of the Netherlands, gold reserves are more easily transacted from London than from New York and Ottawa. This transfer reflects a preference for keeping gold in locations considered more accessible in terms of trading.
The movement occurs in a context of increased geopolitical tensions globally, which led the Dutch authorities to reassess the geographical distribution of their gold reserves.
