Home› Precious Metals
Options

Gold reserves?

KUCHKUCH Posts: 1,186
in Precious Metals
What is the percentage of gold held in reserves?image

Comments

  • Options
    derrybderryb Posts: 38,627 ✭✭✭✭✭
    The biggest individual holders of gold—central banks, international organizations and governments—are believed to account for approximately 16.5 percent of the world's gold, holding about 30,700 tons.

    However, this does not mean that the remaining 83.5% is available on the open market. A lot of it is in strong hands and being held tightly.

    World's largest gold reserves by country

    "Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong

  • Options
    KUCHKUCH Posts: 1,186
    30K plus tons. Thanks for the info.
  • Options
    nibannynibanny Posts: 2,761 ✭
    With the Pope stepping down I was wondering how much gold is own bu the Vatican.
    I read an article (but I can't find the link again) where the estimated quantity of gold was huge.
    If I am not mistaken, they where saying that until the 1500-1600 the Vatican owned more than 50% of the gold available.

    Doea anyone have more info about this?
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • Options
    PokermandudePokermandude Posts: 2,713 ✭✭✭
    Gold - Visualized
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
Sign In or Register to comment.