Home Precious Metals

WikiInvest

Interesting site....

WikiInvest

Top Ten Largest Gold Bullion Reserves
Gold reserves (or gold holdings) are held by central banks as a store of value. The top 10 Central Bank reserves total 26,014.4 tonnes, or in excess of 836,362,960 troy ounces, equal to about 836.4 Billion dollars.

As one metric tonne equals 1,000 kilograms (or 32,150 troy ounces), one tonne of gold equates to a value of US$32.15 million as of March 2008 ($1,000/troy ounces). In 2001, it was estimated that the total amount of gold ever mined equaled only 145,000 tonnes, with a total value at today’s prices of some US$4.66 trillion.

For comparison, the entire global market capitalization for all stock markets was US$43.6 trillion in March 2006.

United States - 8,965.6 tonnes
Germany - 3,767.1 tonnes
Int. Monetary Fund - 3,546.1 tonnes
France - 2,890.6 tonnes
Italy - 2,702.5 tonnes
Switzerland - 1,285.6 tonnes
Japan - 743.5 tonnes
Netherlands - 688.4 tonnes
European Central Bank - 666.5 tonnes
People’s Republic of China - 661.4 tonnes


I have a very strict gun control policy: if there's a gun around, I want to be in control of it - Clint Eastwood

Comments

  • Does the Vatican still have an undisclosed amount?
    Successful transactions with: DCarr, Meltdown, Notwilight, Loki, MMR, Musky1011, cohodk, claychaser, cheezhed, guitarwes, Hayden, USMoneyLover

    Proud recipient of two "You Suck" awards
Sign In or Register to comment.