According to MarketWatch, De Nederlandsche Bank, the Netherlands' national bank, is going to claim some of its gold back from the USA. The repatriation plan is going to be announced soon, if to believe the source. In particular, the central bank is reported to be determined to increase the share of gold in its gold-and-currency reserves from 11% up to 31% in the near future. At the same time, the share of its gold reserve stored in US vaults is reported to be diminished from 51% down to 31%.
As for the gold reserves stored in the UK (18%) and Canada (20%), they are going to remain unchanged, Market Leader reports.
According to the experts working for Masterforex-V Academy, DNB is trying to restore its status in the plain folks' eyes. At the same time, the central bank want equal distribution of its gold reserves to reduce the risks.
As for gold prices, the experts of HSBC expect gold prices to will be affected by the law accepted by the Swiss NAtional Bank regarding its gold reserve. The thing is that those legislation changes are going to result in some regulatory issues, especially when it comes to monetary policies.
Meanwhile, the US Dollar index continues its way up against a basket of 6 other major currencies, Masterforex-V Academy reports. The price is currently staying around 88,41. It should be noted that the USd index has come close to major levels or resistance - pivots 88.85 and 89,95.
