Bloomberg News

Dutch Central Bank Sold 1,100 Metric Tons of Gold Since 1991

October 06, 2011

Oct. 6 (Bloomberg) -- The Dutch central bank has sold 1,100 metric tons of gold since 1991 to bring its reserves in line with that of other important gold-owning nations, Finance Minister Jan Kees de Jager said.

The Dutch central bank stopped lending out gold in 2008, De Jager wrote today in response to questions from a lawmaker. Former Dutch central bank governor Nout Wellink in March said the bank holds 612 metric tons of gold and has no plans to sell.

To contact the editor responsible for this story: Jurjen van de Pol at jvandepol@bloomberg.net


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