Precious Metals

The Dutch central bank announced on Friday that it is repatriating some of its gold reserves from the United States.

The Dutch central bank announced on Friday that it is repatriating some of its gold reserves from the United States.

According to the Wall Street Journal:

De Nederlandsche Bank, or DNB, said it is moving some of its reserves of 612 metric tons back to the Netherlands in an effort to spread its gold stock in “a more balanced way.” The measure could have “a positive effect on public confidence,” it said.

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