Dutch Central Bank Moves 90 Tons of Gold Out of U.S. Federal Reserve
The Netherlands' central bank has relocated roughly 90 tons of gold from the Federal Reserve Bank in New York, citing rising geopolitical unrest. It is the second European country this year to announce a reduction or elimination of its U.S.-held gold reserves.
The Dutch central bank has moved approximately 90 tons of gold out of the Federal Reserve Bank in New York, becoming the second European nation this year to disclose a decrease or complete withdrawal of its gold holdings stored in the United States.
The bank pointed to growing "geopolitical unrest" as the reason behind the decision.
Part of a wider pattern
The Netherlands is not alone in reassessing where it keeps its gold reserves abroad this year. It marks the second European country in 2026 to formally announce a reduction or full removal of gold previously held in the United States.
Central banks have long stored portions of their gold reserves across multiple countries, including the U.S., as a safeguard and a way to diversify risk. However, several European central banks appear to be reconsidering the risks tied to that approach amid heightened international tensions.
