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Why Did The Dutch Central Bank Move 86 Tons Of Gold To London

The transfer took place between March and August and involved more than one-quarter of the Dutch gold held in North America.

Photo by Jingming Pan / Unsplash

The Dutch central bank has moved about 86 metric tons of gold from storage facilities in New York and Ottawa to London, citing rising geopolitical risks and the need for stronger crisis preparedness, according to CNBC.

The transfer took place between March and August and involved more than one-quarter of the Dutch gold held in North America. The Dutch central bank said the bullion is now stored with the Bank of England because London’s gold market offers greater liquidity and faster access during a severe crisis.

DNB Governor Olaf Sleijpen said the relocation improves the tradability and resilience of the country’s reserves, while stressing that officials do not expect to need them for emergencies.

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The move comes as gold prices have surged amid broader economic and geopolitical uncertainty. CNBC reported that gold has gained nearly 25% over the past year.

The Netherlands’ decision follows France’s relocation of 129 metric tons of gold from New York between July 2025 and January 2026, although French officials said that move was not politically motivated.

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