The Dutch central bank has moved billions of dollars worth of its gold reserves from North America to London.
  • Humanius@lemmy.worldEnglish
    2·
    9 hours ago

    The Dutch gold reserve is nothing to sneeze at. It’s a fifth the size of Germany’s gold reserve, and a quarter the size of Italy’s

    Source: https://statbase.org/datasets/finance/gold-reserves/

    Germany has about 37% of its gold in the US, for the NL this was previously 31.3% (and now 18.5%)
    So the amount of Gold that was moved by the NL is still significant.

    Edit: Accidentally said quarter the size of Germany and a third the size of Italy. This is incorrect.