Why European central banks are hauling their gold out of North America

Why are European countries moving their gold out of North America?

The Dutch central bank moved 86 tonnes of gold from the US and Canada to London, citing geopolitical unrest and a need to be "better prepared for severe crises." France and Germany have also repatriated gold in recent years. Experts say inflation, interest rates, and the ease of trading in London are key factors, not just fear of impending doom. Central banks have been buying record amounts of gold, driving prices to historic highs.