Bank says gold reserves held in London could be traded more easily and the move will allow it to respond more rapidly in a ‘crisis situation’
The Dutch central bank says it has moved 86 tonnes of its gold reserves out of the US and Canada to London, citing “increasing geopolitical unrest”.
De Nederlandsche Bank (DNB) said gold reserves held in London could be traded more easily than those held in New York and Ottawa.
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This article was originally published by The Guardian and written by Agence France-Presse.
Read original article on The Guardian