Dutch Central Bank Moves 86 Tons of Gold Reserves from US and Canada to London
While London's share of the Netherlands' gold reserves increased, the relocation operation aimed to strengthen crisis preparedness.
The Dutch Central Bank transferred approximately 86 tons of gold reserves located in the US and Canada to London between March and August 2026.
The Reserve Transportation Process
In an operation carried out by the Dutch Central Bank between March and August 2026, the locations of assets held in different countries were changed.
Within the scope of this shipment, approximately 86 ton gold reserves kept in the US and Canada were transported to London.
Rationale for the Relocation Decision
Wanting to strengthen crisis preparedness against rising geopolitical risks, the bank's management deemed it appropriate to take this strategic step.
With this decision, it was targeted that the gold could be bought and sold more quickly in the London market.
Increase in London's Share
Following this shipment operation, London's share of the Netherlands' total gold reserves increased significantly.
According to calculations, the share of London-based reserves rose from 18.1 percent to 32.1 percent.