The Netherlands moved some 90 tons of gold from the New York Federal Reserve, citing geopolitical unrest, becoming the second European nation this year to reduce U.S. gold holdings.
The Dutch Central Bank transferred some 90 tons of gold out of the Federal Reserve Bank in New York, stating geopolitical unrest as the reason.
This move makes the Netherlands the second European country this year to announce a decrease or elimination of its U.S. gold holdings.
Further verified details were not immediately available.
Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.
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