The Dutch central bank removes about 78 metric tons of gold from the Federal Reserve Bank in New York, according to reports. The bank says it is responding to “geopolitical unrest,” which it links to changing international conditions.
The New York Times reports the transfer involves roughly 90 tons, describing it as the second European move this year involving reductions or eliminations of U.S. gold holdings. The Post frames the action as part of a broader shift by European central banks to reposition gold amid instability. Both outlets agree the gold is physically moved from New York as a reserve-management decision and that the stated rationale is the current geopolitical environment.