Why are central banks getting concerned with gold reserves/location of gold reserves?

The gold fetters are worrying central banks once again. One keeps hearing some news or the other. Swiss are anyways going to vote on Nov 3o on whether SNB should hold 20% of its reserves as gold and hold all its gold reserves in Switzerland (currently 30% gold reserves held in UK and Canada; see one, two and three on this)

Now, I read this about Dutch Central Bank. It too has adjusted its gold location policy:

De Nederlandsche Bank (DNB) has adjusted its gold stock location policy and has shipped gold from the United States to the Netherlands to spread its gold stock in a more balanced way.

Under the previous policy, 11% of the gold stock was located in the Netherlands, 51% in the United States, with the remainder held in Canada (20%) and the United Kingdom (18%). Under the new policy, the breakdown by location is as follows: 31% in Amsterdam, 31% in New York, with the relative holdings in Ottawa and London remaining unchanged at 20% and 18%, respectively. Following this adjustment, DNB is in line with other central banks holding a greater part of their gold stock in their own countries. Beyond realising a more balanced distribution of the gold stock across the different locations, this may also have a positive effect on public confidence.

So brings 20% of Gold from US to Dutch shores. Will inspire public confidence? In what way? Does public even know that around 89% of gold is kept elsewhere? And why should it matter?

The press release says this is not unprecedented:

Changing the distribution of the gold holdings across the different locations is not without precedent. From the end of the Second World War until the early 1970s, for example, DNB increased its gold reserves following the Bretton Woods Accord, mainly in New York. Since then, there have been other movements in DNB’s gold stock. The main reasons for this being the gold sales in the past few decades and the closure of the vaults of the Reserve Bank of Australia, as a result of which DNB shipped gold from Australia to the United Kingdom in 2000.

What could be the reasons this time around? Looks like central banks are somewhat getting uncomfortable over gold reserves. If things go bad, none of the other assets they hold (govt bonds, foreign govt bonds) are going to have any value. Gold will remain gold..

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