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EconomyWhy are European countries moving their gold out of North America?

The Netherlands moved 86 tonnes of gold from the US and Canada to London, saying the transfer would strengthen its resilience and preparedness amid rising geopolitical unrest. France and Germany have also relocated some reserves. Analysts say inflation, interest rates and the ability to trade gold quickly are also influencing storage decisions, rather than an expectation of imminent economic collapse.

gold reservesNetherlandsEuropean central banksgeopolitics

BBBC News★★★☆☆2026-09-05 01:42Original

Why are European countries moving their gold out of North America?
Why are European countries moving their gold out of North America?Economy