Hollanda bankası 11,6 milyar $ değerindeki altın külçesini ABD'den, Kanada'dan Londra'ya taşıyor ve bu ilk değil. Hazır mısın?

Dutch bank moves $11.6B of gold bullion out of the US, Canada to London — and it's not the first time. Are you ready?

Thomas Kent

Fri, September 4, 2026 at 1:15 PM GMT+3 6 min read

Photo by Paul Faith / AFP via Getty Images

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.

The Dutch central bank has moved roughly $11.6 billion worth of gold (1) out of the United States and Canada as "increasing geopolitical unrest" pushes another European country to strengthen its "crisis preparedness."

Between March and August, De Nederlandsche Bank transferred 86 metric tonnes (2) of bullion from New York and Ottawa to London, where gold can be traded more quickly during an emergency.

Top Picks

Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

"With this relocation, we have improved the tradability of our gold reserves," DNB Governor Olaf Sleijpen said. "We expect that we will never need to use them, but we do need to strengthen our resilience and preparedness."

It's a lesson in crisis planning — one that depends as much on liquidity as on ownership.

Why the Netherlands moved its gold

The Netherlands owns 612.4 tonnes of gold, valued at approximately $83.6 billion at the end of 2025. However, the bank did not move its entire stockpile.

Instead, it shifted 86 tonnes out of North America. London's share of Dutch reserves rose from 18.1% to 32.1%, while New York and Ottawa now hold 18.5% apiece. Another 30.8% remains in the Netherlands.

The operation also involved less bullion crossing the Atlantic than those numbers suggest. The bank sold approximately 59 tonnes in New York (3) and bought an equivalent amount of market-standard gold in London.

More than 27 tonnes were physically transferred from North America to the Netherlands, while a similar amount moved from the Netherlands to London.

London is the global center of gold trading (4), while the Bank of England is the world's second-largest gold custodian, behind the Federal Reserve Bank of New York. Its underground vaults hold more than 400,000 bars for governments, central banks and commercial institutions.

John Plassard, an analyst at Cité Gestion Private Bank, called (5) the relocation a "fairly one-off move." However, he warned that confidence in the U.S. could suffer if other central banks followed.

France has already made a similar move. The Banque de France replaced 129 tonnes of older gold stored in New York with modern, market-standard bars held in Europe.

That said, the Netherlands' move seems rooted more in quick access to a liquid market than in simply moving and modernizing bullion. While one relocation doesn't undermine the United States' position as a global financial center, a sustained movement of gold and other reserves away from American institutions could carry more significance.

Especially if it reflects declining trust.

For Americans, there's a lesson here in adopting protective priorities: Diversification, liquidity and access. A portfolio spread across assets that respond differently to inflation, market shocks and instability may be better prepared when crisis arrives.

Add some gold to your retirement defenses

A gold IRA is one option for building up your portfolio with an inflation-hedging asset.

Opening a gold IRA with Goldco lets you invest in gold and other precious metals in physical form while also providing the significant tax advantages of an IRA.

With a minimum purchase of $10,000, Goldco offers free shipping and access to a library of retirement resources. Plus, the company will match up to 10% of qualified purchases in free silver.

If you're curious whether this is the right investment to diversify your portfolio, you can download your free gold and silver information guide today.

Put income-producing real estate in your portfolio

While gold can preserve value during turbulent periods, it does not generate income. Real estate offers another potential inflation hedge, along with the possibility of rent and long-term appreciation.

That's where mogul comes in. The real estate investment platform offers fractional ownership in blue-chip rental properties, providing investors with monthly rental income, real-time appreciation and tax benefits without a hefty down payment or 3 a.m. tenant calls.

Founded by former Goldman Sachs real estate investors, mogul says its team handpicks the top 1% of single-family rental homes nationwide. Each property must project at least a 12% return under the platform's downside scenarios, while offerings have produced an average annual IRR of 18.8%. Past performance does not guarantee future results.

Investments typically range from $15,000 to $40,000 per property. Each home is held in its own Propco LLC, giving investors an ownership stake in the underlying property. You can create an account and browse available properties.

Accredited real estate

Alternatively, if you have a bigger portfolio to work with, Lightstone DIRECT's direct-to-investor model ensures a high degree of alignment between individual investors and a vertically-integrated, institutional owner-operator — a sophisticated and streamlined option for individual investors looking to diversify into private-market real estate.

With Lightstone DIRECT, accredited individuals can access the same multifamily and industrial assets Lightstone pursues with its own capital, with minimum investments starting at $100,000.

Diversify across more private markets

With Willow Wealth, eligible investors can diversify beyond publicly traded stocks and bonds through private-market opportunities spanning real estate, private equity, private credit, art and litigation finance.

Investments start as low as $5,000. You can select individual deals or opt for diversified funds, including funds managed by institutional firms such as Goldman Sachs, Carlyle and StepStone.

More than 500,000 members have invested over $6 billion (6) through Willow and the platforms it has acquired.

Private investments can require long holding periods, carry higher fees and result in losses. Check out how Willow can put your money to work across a wider range of assets.