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Dutch central bank moves 10 billion euros in gold out of U.S. and Canada, citing 'instability'
From NL Times, Amsterdam
Wednesday, September 2, 2026
The Nederlandsche Bank announced today it relocated the equivalent of over 10 billion euros in gold from facilities in the United States and Canada over concern for global tensions. The Dutch central bank essentially moved 86,000 kilograms of gold to the Bank of England in London to make it easier to liquidate reserves should a crisis situation arise.
The Dutch national gold reserve currently consists of 612.4 tonnes, which was valued at 72.2 billion euros at the end of last year. Roughly 32% of that total is currently stored in London, and 31% is in Zeist, where the the bank has stockpiled gold after moving it out of Amsterdam.
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Approximately 18.5% is still in New York, and an equivalent amount is in Ottawa.
A total of more than 27 tonnes of gold was physically transferred from the locations in North America to the bank's cash centre in Zeist, Utrecht, between March and August. Another 59 tonnes of gold kept in New York was also sold off during this time, while the equivalent amount of gold was purchased in London.
To maintain the spread without increasing the supply held in the Netherlands, 27 tonnes of gold was also transferred from Zeist to London. ...
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