Markets

Dutch central bank shifts billions in gold to London in ‘crisis preparedness’ move - AP News

Source: AP News

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DW NOTE

The Dutch central bank is moving billions in gold reserves to London while Europe faces its most unstable security environment since 1945 — simultaneous major wars on two borders, the Strait of Hormuz closed for six months, and a collapsed US-Iran ceasefire. When a central bank repositions physical gold during active conflict rather than before it, that's not crisis preparedness, that's crisis response with a euphemism attached.

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Dutch central bank shifts billions in gold to London in ‘crisis preparedness’ move - AP News

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