Lina Thomas and Daan Struyven

“Some European central banks moved part of their gold holdings to New York during the Cold War,”

Lina Thomas and Daan Struyven · said date not stated · reported 2026-09-05

Goldman Sachs research analysts noted that European central banks historically moved gold to New York during the Cold War.

“increasingly top of mind for reserve managers”

Lina Thomas and Daan Struyven · said date not stated · reported 2026-09-05

Thomas and Struyven said the question of where to store gold is increasingly a priority for reserve managers.

“Domestic storage requires investment in physical security, audit infrastructure, and insurance; costs that can be disproportionate for smaller central banks,”

Lina Thomas and Daan Struyven · said date not stated · reported 2026-09-05

Thomas and Struyven noted that domestic gold storage requires investment in security, audit infrastructure, and insurance.