Dutch Central Bank Cuts Gold Reserves in U.S., Citing ‘Geopolitical Unrest’

The Netherlands moved some 90 tons of gold out of the Federal Reserve Bank in New York, the second European nation this year to announce it had decreased or eliminated U.S. gold holdings.Olaf Sleijpen, president of the central bank of the Netherlands, in Amsterdam in March. “We have improved the tradeability of our gold reserves,” he said.