Gold, a metal used in bad times, has been hoarded by central banks around the world, which is increasing every year, with gold deposits increasing by 650 tonnes last year.
According to a foreign report, during the global pandemic corona virus, many countries are storing gold back to their countries from central banks, while even before the global pandemic corona virus, the global economy was warned about the epidemic. Countries had already started hoarding more gold in their country.
According to a foreign report, 650 tonnes of gold was deposited in central banks around the world in 2019, while the number of gold deposits in 2018 was 656 tonnes, which was the highest amount deposited in the last 50 years.
Attempts are now being made by countries around the world to extract gold from banks, mostly in the world's two largest gold reserves, the foreign report said. Seen in the New York Federal Reserve and the Bank of England.
The first six months of this year saw a significant increase in the value of gold. On the other hand, the Central Bank of Turkey has purchased 148 tons of gold this year, making Turkey the largest buyer of gold this year. Has become
"Gold is a symbol of the country's strength," said Adam Glapinski, governor of the Polish National Bank.
The following is a list of the 10 countries with the largest gold reserves in the world, according to new data compiled by the World Gold Council:
The United States is the world's largest gold producer with 8,133.5 tons of gold, or 78.9 percent of its foreign exchange reserves. The United States has the equivalent of three countries' total gold.
Second on the list is Germany, with 3,363.6 tonnes of gold accounting for 75.2% of its foreign reserves. Between 2012 and 2017, Germany imported about 674 tonnes of gold from Paris and New York, its largest reserves. He had moved back home.
Italy ranks third on this list. Italy has 2,451.8 tons of gold. In terms of foreign reserves, it makes up 70.8% of the world's gold. Like many other countries, Italy does not have its own gold. Is stored in other banks.
France ranks fourth on the list, with 2,436 tonnes of gold, accounting for 65% of its foreign exchange reserves. Most of France's gold was mined in the 1950s and 1960s.
Russia ranks fifth on the list, with 2,299.2 tons of gold, accounting for 22.6 percent of foreign reserves. Russia's central bank has been the largest buyer of gold for the past seven years, and only In two years, its reserves have increased by more than 400 tons.
China ranks sixth on the list, with 1,948.3 tonnes of gold at 3.4%, the world's largest producer, accounting for 12% of global mining production. China is also the largest consumer, with local demand for gold rising due to the growing middle class in China.
Switzerland has 1,040 tons of gold, compared to 6.5 percent in terms of percentage. Switzerland has the largest per capita gold reserves. Most of its gold trade is with Hong Kong and China.
Japan ranks eighth on the list, with 765.2 tons of gold, or 3.1 percent, and the world's third-largest economy.
India ranks ninth in the list, with 654.9 tonnes of gold, compared to 7.5 per cent in other countries. India is the second largest consumer of gold.
The Netherlands ranks tenth among the countries with the largest gold reserves. The Netherlands has 612.5 tons of gold, while foreign reserves account for 70.9 percent of the world's gold reserves. York had moved its capital from the Fed vault to its capital Amsterdam.
