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Gold News Report January 22, 2009, By: Bill Chiam, GoldTraderAsia.com Official gold reserves World (December 2008), in tons, as reported by the Wo...

gold bullion india

Gold News Report
January 22, 2009, By: Bill Chiam, GoldTraderAsia.com

Official gold reserves World (December 2008), in tons, as reported by the World Gold Council

Singapore: the world's reserves of gold (or gold holdings) are held by central banks as a store of value.

Gold total world reserves of 29,697.1 tonnes, or more than 29,697,100 kg 954,798,572.48 troy ounces, valued at a total price of gold equal to today's U.S. approximately 753 billion U.S. dollars.

The gold reserves of Singapore, the gold reserves (o) Total 127.4 tons, more than 127,400 kg 4,096,067.90 troy ounces, worth for a total price of gold on today equal to about $ 32 billion U.S. dollars or S $ 48 billion.

As one metric tonne is 1,000 kilograms (32,150 oz or Troy), a ton of gold equivalent to a value of U.S. $ 25 million in January 2009, or Price (U.S. oz $ 861.34/troy).

The global gold reserves, according to the World Gold Council (December 2008) as shown in the breakdown of each country. United States as an independent country, has the largest reserves of gold. But overall the euro area (including the ECB) have the largest gold reserves (10,886.8 tonnes in December 2008).

Note: The value of the metal is calculated from January 21, 2009. GoldTraderAsia.com assumes no responsibility for any misunderstanding.

Official World Gold Holdings Rank:

01. USA – 8133.5 tons
02. Germany – 3412.6 tons
03. International Monetary Fund – 3412.6 tons
04. France – 2508.8 tons
05. Italy – 2451.8 Tons
06. Switzerland – 1040.1 tons
07. Japan – 765.2 Tons
08. Netherlands – 621.4 Tons
09. People's Republic of China – 600.0 Tons
10. Central Bank European – 533.6 Tons
11. Russia – 495.9 Tons
12. Republic of China (Taiwan) – 422.4 Tons
13. Portugal – 382.5 Tonnes
14. India – 357.7 Tons
15. Venezuela – 356.4 Tons
16. United Kingdom – 310.3 tons
17. Lebanon – 286.8 Tons
18. Spain – 281.6 Tons
19. Austria – 280.0 Tons
20. Belgium – 227.5 Tons
21. Algeria – 173.6 Tons
22. Libya – 143.8 Tons
23. Saudi Arabia – 143.0 Tons
24. Sweden – 139,5 tons
25. Philippines – 138.1 Tons
26. Singapore – 127.4 Tons
27. Bank for International Settlements – 125.0 Tons
28. South Africa – 124.4 Tons
29. Turkey – 116.1 Tons
30. Greece – 112.7 Tons
31. Romania – 103.7 Tons
32. Poland – 103.0 tons
33. Thailand – 84.0 tonnes
34. Australia – 79.8 tonnes
35. Kuwait – 79.0 tonnes
36. Egypt – 75.6 tonnes
37. Indonesia – 73.1 tonnes
38. Kazakhstan – 71.9 tonnes
39. Denmark – 66.5 tonnes
40. Pakistan – 65.3 tonnes
41. Argentina – 54.7 tonnes
42. Finland – 49.1 tonnes
43. Bulgaria – 39.8 tonnes
44. West African Economic and Monetary Union – 36.5 tonnes
45. Malaysia – 36.4 tonnes
46. Slovakia – 35.1 tonnes
47. Peru – 34.7 tonnes
48. Brazil – 33.6 metric tons
49. Bolivia – 28.3 tonnes
50. Ukraine – 26.4 tons
51. Ecuador – 26.3 tonnes
52. Morocco – 22.0 tonnes
53. Nigeria – 21.4 tons
54. Belarus – 20.4 tonnes
55. South Korea – 14.3 tons
56. Cyprus – 13.9 tonnes
57. Czech Republic – 13.1 tons
58. Netherlands Antilles – 13.1 t
59. Jordan – 12.7 tonnes
60. Serbia – 12.5 tons
61. Cambodia – 12.4 million tonnes
62. Qatar – 12.4 million tonnes
63. Laos – 8.1 tonnes
64. Latvia – 7.7 tonnes
65. El Salvador – 7.3 tons
66. Community – 6.8 tonnes
70. Tunisia – 6.8 tonnes
71. Lithuania – 5.8 tons
72. Ireland – 5.5 tonnes
73. Sri Lanka – 5.3 tons
74. Mexico – 3.8 tons
75. Bangladesh – 3.5 tonnes
76. Canada – 3.4 million tonnes
77. Slovenia – 3.2 tonnes
78 .. Aruba – 3.1 tons
79 Hungary – 3.1 tons
80. Mozambique – 3.0 tonnes
81. Kyrgyzstan – 2.6 tonnes
82. Luxembourg 87. Papua New Guinea – 2.0 Tons
88. Mauritius – 1.9 tons
89. Trinidad and Tobago – 1.9 tons
90. Yemen – 1,6 t
91. Suriname – 1.4 tons
92. Cameroon – 0.9 tonnes
93. Honduras – 0.7 tons
94. Paraguay – 0.7 tons
95. Dominican Republic – 0.6 tonnes
96. Gabon – 0.4 tonnes
97. Mauritania – 0.4 tonnes
98. Central African Republic – 0,3 t
99. Chad – 0.3 million tonnes
100. Republic of Congo – 0.3 million tonnes
101. Uruguay – 0.3 million tonnes
102. Fuji – 0.2 Tons
103. Estonia — 0.2 tons
104. Chile – 0.2 tonnes
105. Malta – 0.2 tonnes
106. Costa Rica – 0.1 tonnes

God bless,
Bill Chiam

About the Author:

Bill Chiam is the founder of GoldTraderAsia.com, Gold Bullion Dealer trades in various form of gold includes bullion, bars, ingots, coins and jewellery in Singapore. Offer latest gold news on precious metals and commodities news report.

Article Source: ArticlesBase.com – World Official Gold Holdings Ranking – December 2008

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