GermanyThe Dutch Central Bank has moved parts of its gold reserves from North America to London as part of efforts to enhance crisis preparedness. The bank sold approximately 59 tons of gold in New York and purchased new gold in London, while physically transporting 27 tons from North America to the Netherlands and moving an equal amount to London. This action reduced the country’s gold reserves stored in U.S. and Canadian vaults by 27.5%. The move was justified by the ease of access to gold held at the Bank of England during crises. The central bank chief emphasized the importance of strengthening resilience and preparedness, though noted the need for such measures would likely remain hypothetical. Meanwhile, Germany’s Bundesbank has also stored some gold in London, albeit a smaller portion compared to its holdings in Frankfurt and New York. The decision comes amid concerns over U.S. policies under President Trump and geopolitical tensions related to Greenland.
Bias read (Center): The article presents factual information about the movement of gold reserves without overtly favoring any political ideology. It reports on the strategic decisions made by both the Dutch Central Bank and the Bundesbank, highlighting their motivations and contextual factors like U.S. policy and geo政治
