C O N T R A P R O P A G A N D Ă

The World’s Top Gold-Hoarding Countries

All around the developing world, governments are making a mad scramble to buy gold.

India is buying gold. China is buying gold.

Whereas once it could be assumed that the US dollar was as good as gold, that assumption is now gone, or at least on its way out.

20. Belguim
Gold Holdings: 227.5 tonnes
% Of Reserves: 41.2%
Foreign Exchange Reserves: $9.6 billion
Total Reserves: $16.2 billion
19. Austria
Gold Holdings: 280 tonnes
% Of Reserves: 57.9%
Foreign Exchange Reserves: $6.5 billion
Total Reserves: $14.7 billion
18. Spain
Gold Holdings: 281.6 tonnes
% Of Reserves: 38.9%
Foreign Exchange Reserves: $12.5 billion
Total Reserves: $20.8 billion
17. Lebannon
Gold Holdings: 286.8 tonnes
% Of Reserves: 26.5%
Foreign Exchange Reserves: $22.2 billion
Total Reserves: $30.7 billion
16. United Kingdom
Gold Holdings: 310. 3 tonnes
% Of Reserves: 17.6%
Foreign Exchange Reserves: $40 billion
Total Reserves: $49 billion
15. Venezuela
Gold Holdings: 356.4 tonnes
% Of Reserves: 36.1%
Foreign Exchange Reserves: $17.6 billion
Total Reserves: $28 billion
14. India
Gold Holdings: 357.7 (plus 400) tonnes
% Of Reserves: 4%
Foreign Exchange Reserves: $242.3 billion
Total Reserves: $253 billion
13. Portugal
Gold Holdings: 382.5 tonnes
% Of Reserves: 90.9%
Foreign Exchange Reserves: $1.2 billion
Total Reserves: $12.5 billion
12. Taiwan
Gold Holdings: 423.6 tonnes
% Of Reserves: 3.9%
Foreign Exchange Reserves: $300 billion
Total Reserves: $313 billion
11. ECB
Gold Holdings: 501.4 tonnes
% Of Reserves: 18.8%
Foreign Exchange Reserves: $52.3 billion
Total Reserves: $68.1 billion
10. Russia
Gold Holdings: 568.4 tonnes
% Of Reserves: 4.3%
Foreign Exchange Reserves: $368 billion
Total Reserves: $384 billion
9. Netherlands
Gold Holdings: 612.5 tonnes
% Of Reserves: 59.6%
Foreign Exchange Reserves: $11.1 billion
Total Reserves: $29.1 billion
8. Japan
Gold Holdings: 765.2 tonnes
% Of Reserves: 2.3%
Foreign Exchange Reserves: $996 billion
Total Reserves: $1,018 billion
7. Switzerland
Gold Holdings: 1,040.1 tonnes
% Of Reserves: 29.1%
Foreign Exchange Reserves: $50 billion
Total Reserves: $80.6 billion
6. China
Gold Holdings: 1,054 tonnes
% Of Reserves: 1.9%
Foreign Exchange Reserves: n/a
Total Reserves: n/a
5. France
Gold Holdings: 2,445.1 tonnes
% Of Reserves: 70.6%
Foreign Exchange Reserves: $25.2 billion
Total Reserves: $97.4 billion
4. Italy
Gold Holdings: 2,451.8 tonnes
% Of Reserves: 66.6%
Foreign Exchange Reserves: $35.8 billion
Total Reserves: $108 billion
3. IMF
Gold Holdings: 3,217.3 tonnes
% Of Reserves: n/a
Foreign Exchange Reserves: n/a
Total Reserves: n/a
2. Germany
Gold Holdings: 3,408.3 tonnes
% Of Reserves: 69.2%
Foreign Exchange Reserves: $42.7 billion
Total Reserves: $143.3 billion
1. United States
Gold Holdings: 8,133.5 tonnes
% Of Reserves: 77.4%
Foreign Exchange Reserves: $64 billion
Total Reserves: $303.6 billion


Kamelia Angelova

sursa: businessinsider.com

update:

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