The Netherlands’ central bank denied the increase of its gold holdings

Market news

27 January 2015

The Netherlands’ central bank denied the increase of its gold holdings

Reports released today showed that the Netherlands' central bank, De Nederlandsche Bank (DNB), raised its holdings by 9.61 tonnes to 622.08 tonnes in December, based on International Monetary Fund (IMF) figures. That was the first rise since December 1998. The Dutch central bank's holdings have been unchanged since 2008.

De Nederlandsche Bank denied this information later. The central bank said on its official website that its gold stock remained unchanged at 19.691 million fine troy ounces.

The DNB added that the same information has been reported to the IMF.

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