alt Hacker NewsFrance completely exited New York, the Netherlands roughly halved what they've stored there. That was in 2026. They didn't physically ship any of it, they sold it and rebought in Europe.
Germany moved 111t from New York in 2016, and, afaict, nothing since then. There's still 1236t left.
Italy also keeps over 1000t in New York (no plans for repatriation).
Replies
Flashtoo • yesterday at 11:18 PM
> They didn't physically ship any of it, they sold it and rebought in Europe.
The Netherlands physically moved 27 tons of gold from the US and Canada (mostly New York) to the Netherlands this year.
> They didn't physically ship any of it, they sold it and rebought in Europe
This is effectively outsourcing that process to the banks.