2. Why Gold?
Gold, while not used as money today, is an asset class that
retains it's value in the long run and is considered valuable in
every corner of the globe.
Central banks generally hold gold as a "reserve" and delegate a
percentage of reserves based on how much paper currency they
issue. Additionally, gold is an inflation hedge, so Governments
and banks don't suffer as much from the very currency they
issue themselves. the demand for gold is always high.
3. How much gold is there?
It has been estimated that all the gold mined by the end of
2011 totaled 171,300 tonnes.
4. Here’s one tonne of gold
At a price of $1,061 per troy ounce, January 1, 2015, one ton
of gold has a value of approximately $34.1million. The total
value of all gold ever mined would exceed $5.6 trillion at that
valuation.
5.
6. #10 Netherlands
Gold Reserves in Netherlands remained unchanged at 612.45
Tonnes in the third quarter of 2015 from 612.45 Tonnes in the
second quarter of 2015. Gold Reserves in Netherlands
averaged 700.98 Tonnes from 2000 until 2015, reaching an all
time high of 911.82 Tonnes in the second quarter of 2000 and
a record low of 612.45 Tonnes in the fourth quarter of 2008.
$ 20.9
Billion USD
7. #9 Japan
Gold Reserves in Japan remained unchanged at 765.20
Tonnes in the third quarter of 2015 from 765.20 Tonnes in the
second quarter of 2015. Gold Reserves in Japan averaged
764.75 Tonnes from 2000 until 2015, reaching an all time
high of 765.20 Tonnes in the second quarter of 2001 and a
record low of 753.54 Tonnes in the second quarter of 2000.
$ 26.1
Billion USD
8. #7 Switzerland
Gold Reserves in Switzerland decreased to 1039.99 Tonnes in
the third quarter of 2015 from 1040 Tonnes in the second
quarter of 2015. Gold Reserves in Switzerland averaged
1390.76 Tonnes from 2000 until 2015, reaching an all time
high of 2590.18 Tonnes in the first quarter of 2000 and a
record low of 1039.99 Tonnes in the third quarter of 2015.
$ 35.5
Billion USD
9. #6 Russia
Gold Reserves in Russia increased to 1352.20 Tonnes in the
third quarter of 2015 from 1275 Tonnes in the second quarter
of 2015. Gold Reserves in Russia averaged 623.73 Tonnes
from 2000 until 2015, reaching an all time high of 1352.20
Tonnes in the third quarter of 2015 and a record low of
343.41 Tonnes in the second quarter of 2000.
$ 46.1
Billion USD
10. #5 China
Gold Reserves in China increased to 1743.40 Tonnes in
November from 1708.50 Tonnes in October of 2015. Gold
Reserves in China averaged 793.36 Tonnes from 2000 until
2015, reaching an all time high of 1743.40 Tonnes in
November of 2015 and a record low of 395.01 Tonnes in June
of 2000.
$ 59.5
Billion USD
11. #4 France
Gold Reserves in France increased to 2435.54 Tonnes in the
third quarter of 2015 from 2435.41 Tonnes in the second
quarter of 2015. Gold Reserves in France averaged 2692.11
Tonnes from 2000 until 2015, reaching an all time high of
3024.70 Tonnes in the fourth quarter of 2002 and a record
low of 2435.38 Tonnes in the fourth quarter of 2012.
$ 83.1
Billion USD
12. #3 Italy
Gold Reserves in Italy remained unchanged at 2451.84
Tonnes in the third quarter of 2015 from 2451.84 Tonnes in
the second quarter of 2015.
$ 83.7
Billion USD
13. #2 Germany
Gold Reserves in Germany decreased to 3380.98 Tonnes in
the third quarter of 2015 from 3381.01 Tonnes in the second
quarter of 2015. Gold Reserves in Germany averaged 3419.70
Tonnes from 2000 until 2015, reaching an all time high of
3468.60 Tonnes in the second quarter of 2000 and a record
low of 3380.98 Tonnes in the third quarter of 2015.
$ 115.3
Billion USD
14. #1 United States Of America
Gold Reserves in the United States remained unchanged at
8133.46 Tonnes in the third quarter of 2015 from 8133.46
Tonnes in the second quarter of 2015. Gold Reserves in the
United States averaged 8135.60 Tonnes from 2000 until 2015,
reaching an all time high of 8149.05 Tonnes in the third
quarter of 2001 and a record low of 8133.46 Tonnes in the
third quarter of 2005.
$ 277.6
Billion USD
15. Comparison
Here’s the world’s gold reserves by government in
2012. This is slightly outdated, with China and Russia
both having significant increases since then.
