STATES KEEPS GOLD AT HOME

 

One after the other, states around the globe keeps gold in their own country. Recently, even the Dutch move 122 tons of gold out of US.

 

The Dutch Central Bank says it has recently shipped 122.5 tons of gold worth around 4 billion euro from safekeeping in New York back to its headquarters in Amsterdam.

 
In a statement Friday morning the bank said that its 612.5-ton national gold reserve is now divided 31 percent in Amsterdam, 31 percent in New York, 20 percent in Ottawa, Canada and 18 percent in London.

 
“With this adjustment the Dutch Central Bank joins other banks that are keeping a larger share of their gold supply in their own country,” the bank said in a statement. “In addition to a more balanced division of the gold reserves…this may also contribute to a positive confidence effect with the public.”

 
The Associated Press has contributed to the article / November 21, 2014

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