Tag Archives: gold reserves by country

The top 10 central banks with the largest gold reserves have remained mostly unchanged for the last few years. They are as follows:

There are many risks right now that favor owning gold in your portfolio. Below I’ve selected 5 of the most compelling charts that highlight why I think you need gold in your portfolio now.

According to the latest report from the World Gold Council, central banks added 336.2 tonnes of gold to their reserves in the second half of 2015, up from 252.1 tonnes in the first half of the year. Using the WGC's data, we put together a list of the biggest gold hoarders out there. Check them out below.

The World Gold Council provides below a table of changes in gold reserves by country month-by-month and year-to-date. It shows the in- and out-flows of central banks around the world.

This chart from Morgan Stanley using World Gold Council data shows which countries, central banks and funds are hoarding the greatest amount of gold:

Within the planet’s crust, there is only 1 gram of gold for every 250 tonnes (550,000 lbs) of earth. Gold’s rarity means that finding economic deposits is extremely difficult. To understand how gold mining and supply work, we must first unearth how gold deposits form. This infographic, part two in our 2014 Gold Series, covers the full supply picture behind the yellow metal.

China currently is a distant 5th behind the U.S. in the extent of gold reserves it currently owns but gives every indication that it is intent on adding more. How long might it take for China to be number one in gold reserves?

Gold definitely has caught the public's attention; for proof, just look at the number of cash for gold ads. Gold has been rising since 2001 and its near vertical rise over the last two years helps explain some of the recent fascination, but political actions have helped as well. In the United States, Rep. Ron Paul and others have called for a return to the gold standard. Elsewhere, Venezuelan President Hugo Chávez recently nationalized his country's gold industries, and some analysts have said countries should dip into their gold reserves to alleviate the sovereign debt crisis. With all these recent stories, we wanted to see which countries actually have the most gold in their reserves, based on information from the World Gold Council. [Take a look at the list below.] Words: 565