Dutch central bank relocates gold reserves from US and Canada to London

The Dutch central bank moved 86 tonnes of gold from the United States and Canada to London between March and August 2026. The bank said it wanted to be able to trade gold faster if a crisis happens. London has the world's biggest and most active gold market, so large amounts can be sold there quickly.

Before the move, New York held 31.3% of Dutch gold and Ottawa held 19.7%. Both now hold 18.5% each. London's share grew from 18.1% to 32.1%. The Netherlands keeps 30.8% of its gold at home.

The total Dutch gold reserve is 612.4 tonnes, worth €72.2 billion. More than 27 tonnes travelled physically through the Dutch town of Zeist.