BUSINESS● LOW1h ago · Sep 2, 2026, 6:31 PM
Dutch shift 86 tonnes of gold from US and Canada to UK over ‘geopolitical unrest’
South China Morning Post · western europe
The Dutch central bank said Wednesday it had moved 86 tonnes of its gold reserves out of the US and Canada to London, citing “increasing geopolitical unrest”. The DNB bank said gold reserves held in London could be traded more easily than those held in New York and Ottawa. “This makes it the quickest for DNB to deploy in a crisis situation,” the bank said in a statement. “With this step, we have improved the deployability of the gold reserves. We assume that we will never need to deploy the...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESS2m agoFertilizers: Moroccan OCP faces the lessons of the Strait of Hormuz crisisJeune AfriqueBUSINESS20m agoFirst American Financial added as new long idea at HedgeyeSeeking Alpha TechBUSINESS21m agoApplied Aerospace & Defense names Elizabeth Robertson EVP of business developmentSeeking Alpha TechBUSINESS23m agoMercedes Vera Martin (IMF): « The treatment of Senegal's debt has begun »Jeune Afrique