| # | Country | Gold Reserves (Tonnes) |
| 1 | USA | 8,133.5 |
| 2 | Germany | 3,402.5 |
| 3 | Italy | 2,451.8 |
| 4 | France | 2,435.4 |
| 5 | China | 1,054.1 |
| 6 | Switzerland | 1,040.1 |
| 7 | Japan | 765.2 |
| 8 | Russia | 726.0 |
| 9 | Netherlands | 612.5 |
| 10 | India | 557.7 |
Please click here to read the entire report on world official gold holdings as of September 2010, released by the World Gold Council.
Please note that the report shows only the gold reserves owned by the governments of these countries and doesn't include the demand for gold jewellery from the people of these countries.
When it comes to the demand for gold for jewellery, India still remains the largest jewellery market in the world, accounting for more than 25% of global gold jewellery demand, which is followed by China. To give an indicative figure for the demand for gold for jewellery, in Q2 2010,
Global gold jewellery demand: 408.7 tonnes
Gold jewellery demand in India: 123.0 tonnes
Gold jewellery demand in China: 75.4 tonnes
Seems the yellow metal's dream run will continue for a long time.
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111 comments:
How you calculate the gold price?
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Thanks for the information..I really like your post..
as the author says, Perhaps the other government has lot of gold in reserve, but when it comes to India people own lot of gold which is more than the government. No country ever could beat us :-)
This is world ranking, and India being at 10th position is a great thing. But USA is way ahead of everyone else.
Thanks for these statistics.
I appreciate your post, thanks for sharing the post, i would like to hear more about this in future
But I believe gold reserves for US will be reduce rapidly. There have really critical economics constraint right now
This is really appreciable post, I am expecting more on this topic in this blog.
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thanks for the the information..by the way, where did you get this fact??
Gold prices are just climbing on, but I think it will come down shortly> what do you think?
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Nice info please update it
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Great piece of info on gold. How about diamonds?
can you please keep us updated on this?
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Thanks for giving these type of blogs. To know a gold.
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Gold is so overrated in the 21st century.
Sensex bounced exactly from the level of 16990, I had mentioned that sensex could hit 16969, sensex bounced exactly from 16990.
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I'm a fan of your finance blog. This post is quite a shocking to me. The USA has the biggest gold holdings which means that we really are rich. But there are millions of homeless people out there. Can't we use perhaps a part of this gold and help the poor?
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India is a largest gold consumer and chine is growing too.
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Gold is such a good investment. My family are gold buyers and they are planning to go to India this month to buy gold jewelries.
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Great blog on the gold topic.Fully and complete blog posted on gold market.
I agree with the fact that When it comes to the demand for gold for jewelry, India still remains the largest jewelry market in the world, accounting for more than 25% of global gold jewelry demand, which is followed by China.
Such an wonderful news about gold is given by author. Thanks for sharing this kind of news.
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