THE HAGUE, Sept. 2 (Xinhua) -- De Nederlandsche Bank (DNB), the Dutch central bank, said on Wednesday it had moved about 86 tonnes of gold from New York and Ottawa to London to strengthen its preparedness for severe crises.
The reallocation, carried out between March and August 2026, involved a combination of transactions and physical transfers.
Following the move, London's share of DNB's gold reserves rose to 32.1 percent from 18.1 percent, while New York's fell to 18.5 percent from 31.3 percent, according to the central bank.
Meanwhile, about 30.8 percent of the reserves remained at DNB's Cash Centre in Zeist, central Netherlands, while Ottawa's share declined to 18.5 percent from 19.7 percent.
The Netherlands held 612.4 tonnes of gold at the end of 2025, according to DNB, which keeps its reserves at several locations as part of a risk-diversification strategy.
The central bank said the relocation would give it faster access to its reserves during a crisis, as gold held in New York and Ottawa "cannot be utilized as quickly and directly in a crisis situation".
Dutch public broadcaster NOS said the transfer was notable given DNB's previous concerns about deteriorating transatlantic relations following U.S. President Donald Trump's return to the White House.
DNB has warned that the United States could potentially disrupt payment transactions involving the Netherlands and has repeatedly urged the country to reduce its reliance on the U.S. financial system.
