The Dutch national bank, De Nederlandsche Bank, has rebuffed reports circulating that the bank had increased its gold holdings for the first time in sixteen years.
Reports had been circulating that the bank had increased its holdings to 622.08 tonnes, as being cited from the IMF’s monthly report.
“De Nederlandsche Bank has not increased its gold holdings. Several media reported this Tuesday that based on IMF figures, DNB’s gold stock increased in December 2014. This is incorrect,” it said on its website.
The DNB’s correct and current gold holdings consist of 19.691 million troy ounces (612.5 tonnes), the tenth largest holder of the metal in the world, according to the World Gold Council’s January data.
(Editing by Tom Jennemann)
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