![]() |
|
| Gold Rates Live Prices | |
Central Banks & Official Gold Reserves1. US Federal Reserve 8,133.5 tonnes 2. Deutsche Bundesbank - 3,000 tonnes (3,413.1 wiki jan 2009) 3. IMF - 3,217 tonnes (103.4 million ounce) 4. France - 2,540.9 5. Italy - 2,451.8 6. Swiss - 1,064.1 7. Spyders Gold Stock - 832 8. Japan - 765 9. Holland - 621 10. China - 600 11. Euro Central Bank - 533.6 12. Russia - 472.6 13. Taiwan - 422.4 14-20. Portugal, India, Venzula, UK, Lebanon, Spain, Austria (380 - 280 tonnes each) BIS (27) - 125.0 Tonnes *Euro Central Bank - 533.6 // European Central Banks 10,911.4 tonnes CommentsCentral bankers hold around one fifth of global above ground stocks of gold as a reserve asset against thier paper. Over the past decade, the central banks as a whole has been a net seller of Gold Reserves, contributing an average of 562 tonnes to annual supply flows between 2001 and 2005 (World Gold Council) The US is the world's biggest official holder of gold, at 8135 tonnes at the end of 2007. Unlike most central banks, the US Federal Reserve holds the bulk of its official reserves or close to 80 per cent in gold. Because the US Federal Reserve can't hold its own US dollar assets as a reserves. ------- Swedish central bank Bank of England 2% European Central Bank 2.5% US Federal Reserve China Central Bank Japanese Central Bank Russian Central Bank ----- FOREX Gold Backing US Dollar 8,133.5 tonnes
|
|
ð þ
GoldRate.info © 2004 - 2009