Dutch central bank moves gold bars out of New York over ‘geopolitical unrest’
DNB prefers London over the US city, pointing to better ‘tradeability’ of bullion
DNB prefers London over the US city, pointing to better ‘tradeability’ of bullion
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Why it matters
The Dutch central bank relocating gold reserves from New York to London due to geopolitical unrest signals a notable shift in sovereign asset custody preferences, reflecting heightened geopolitical risk perceptions with potential implications for bullion market liquidity and central bank reserve management practices.
Sources
Financial Times
Dutch central bank moves gold bars out of New York over ‘geopolitical unrest’
DNB prefers London over the US city, pointing to better ‘tradeability’ of bullion