# Netherlands relocation of gold reserves > Live situation record from CLSTR: https://clstr.news/situations/netherlands-relocation-of-gold-reserves > Updated: 2026-09-08T16:23:27.000Z. Sources: 185. Developments: 3. Between March and August 2026, De Nederlandsche Bank (DNB) relocated 86 metric tonnes of gold reserves from North America to London. The assets were moved from New York and Ottawa to the Bank of England through a mix of physical transport and financial transactions involving the sale and repurchase of gold to minimize risks. DNB President Olaf Sleijpen described the relocation as a “crisis preparedness” measure designed to enhance the liquidity and tradability of the reserves amid increasing geopolitical unrest. He noted that while the move aims to strengthen institutional resilience, the bank does not expect to need to use these reserves in a crisis. London was selected as a primary global hub for gold trading to offer easier access to liquidity. The transfer involved physically moving over 27 tonnes of gold to the DNB’s secure facility in Zeist, Netherlands, before it was sent to London, while the remaining 59 tonnes were transferred via market trades in New York and London. Following the transfer, London holds 32.1% of the Netherlands' total 612.4 tonnes of gold reserves, while holdings in the US and Canada both decreased to 18.5%. By September 2026, this movement is viewed as part of a broader trend where central banks, including those of France and Germany, are reassessing gold storage locations due to geopolitical instability and concerns regarding the predictability of U.S. foreign policy. As European nations reduce holdings stored in the United States or repatriate assets to domestic vaults, the Bank of England continues to serve as a major global custodian, holding approximately 400,000 bars for various central banks. ## Claims - The Dutch central bank moved 86 tonnes of gold reserves from the US and Canada to London. (disputed by 39 sources) - The transfer involved moving over 27 tonnes of physical gold from North America to Zeist, Netherlands, before moving it to London. (disputed by 17 sources) - The majority of the gold was moved from New York, with the remainder coming from Canada. (disputed by 8 sources) - The relocation is due to increasing geopolitical instability and the need to strengthen crisis preparedness. (corroborated by 46 sources) - Gold in London is easier to trade and more quickly mobilizable in a crisis than gold in New York or Ottawa. (corroborated by 44 sources) - Following the transfer, 32.1% of Dutch gold is in London, 30.8% is in the Netherlands, and 18.5% each are in the US and Canada. (corroborated by 43 sources) - The transfer involved a combination of buying and selling and the physical transport of over 27 tonnes of gold. (corroborated by 43 sources) - The total Dutch gold reserves consist of 612.4 tonnes, valued at approximately 72.2 billion euros at the end of 2025. (corroborated by 40 sources) ## Timeline ### 2026-09-08: Central banks shift gold reserves amid geopolitical uncertainty Central banks are shifting gold reserves and repatriating assets to mitigate geopolitical risks and U.S. policy uncertainty, while gold prices rise amid a weakening dollar and high U.S. debt. 5 sources. https://clstr.news/cluster/central-banks-shift-gold-reserve-strategies-amid-repatriation-trends ### 2026-09-04: European central banks relocate gold reserves from North America European central banks, led by the Netherlands, are moving gold reserves from North America to London and home territories to increase liquidity and resilience amid rising geopolitical tensions. 40 sources. https://clstr.news/cluster/germany-and-netherlands-signal-shift-in-transatlantic-relations ### 2026-09-02: Dutch Central Bank moves 86 tonnes of gold to London The Dutch Central Bank moved 86 tonnes of gold from the US and Canada to London to improve liquidity and crisis preparedness amid rising geopolitical tensions. 144 sources. https://clstr.news/cluster/dutch-central-bank-moves-86-tonnes-of-gold-to-london --- Cite as: Netherlands relocation of gold reserves. CLSTR, https://clstr.news/situations/netherlands-relocation-of-gold-reserves