Dutch Central Bank Sharply Cuts New York's Share Of Its Gold
De Nederlandsche Bank sold 59 tons in New York and bought London-standard bars instead of shipping them, citing 'geopolitical unrest.'
- New York's share fell from 31.3% to 18.5% between March and August 2026.
- London's share nearly doubled to 32.1% as gold moved physically through Zeist, Netherlands.
- President Olaf Sleijpen said the move 'improved the deployability' of the whole gold stock.
Why it matters: No central bank moves gold out of an ally's vault unless it already doubts the ally's word.
De Nederlandsche Bank (DNB) press release ↗ · Sep 5, 20269/5/26