Everything For The Detectorist - Metals GOLD
Powered By Sispro1
Before Records
For further information on composition click symbol
More Indepth notes on Metals - Source: msn.com-Lovemoney
Gold Table
Designed by Nigel G Wilcox
Copyright © All Rights Reserved by Nigel G Wilcox · · E-Mail: ngwilcox100@gmail.com
Complimentary Topics
Who Owns the World Gold Index:
The Paragon Of Metal Detecting
& Archaeology
& Archaeology
© Shutterstock
Who's stockpiling gold?
The value of global currencies used to be directly linked to the value of gold. The so-called Gold Standard is no longer in use, but many countries and institutions still hold large reserves of this most precious of metals. These are the 30 places that are stockpiling the most gold, as recorded by the World Gold Council's World Official Gold Holdings up until November 2017.
The value of global currencies used to be directly linked to the value of gold. The so-called Gold Standard is no longer in use, but many countries and institutions still hold large reserves of this most precious of metals. These are the 30 places that are stockpiling the most gold, as recorded by the World Gold Council's World Official Gold Holdings up until November 2017.
© javarman/Shutterstock
30) Mexico: 120.5 tons
Not only does Mexico keep its gold reserves high, with 120.5 tons in its stores, it is also a major producer of gold. The Central American country is one of the 10 largest gold miners in the world. Many countries store gold abroad, often simply because the logistics of transporting it home are too complicated, and Mexico is reported to hold a proportion of its gold in the Bank of England gold vaults in London.
Above: Mexican gold alloy, copper and silver votive figurines.
Not only does Mexico keep its gold reserves high, with 120.5 tons in its stores, it is also a major producer of gold. The Central American country is one of the 10 largest gold miners in the world. Many countries store gold abroad, often simply because the logistics of transporting it home are too complicated, and Mexico is reported to hold a proportion of its gold in the Bank of England gold vaults in London.
Above: Mexican gold alloy, copper and silver votive figurines.
© Diriye Amey/Shutterstock
29) South Africa: 125.3 tons
Once one of the world's largest gold producers, gold production has dropped significantly in South Africa in recent years and as a result of this the numbers working in the gold mining industry have fallen too. The country still has large piles of gold in its stores, however, with 125.3 tons of the precious metal being held.
Once one of the world's largest gold producers, gold production has dropped significantly in South Africa in recent years and as a result of this the numbers working in the gold mining industry have fallen too. The country still has large piles of gold in its stores, however, with 125.3 tons of the precious metal being held.
© RPBaiao/Shutterstock
28) Sweden: 125.7 tons
Sweden isn't an obvious choice for being a major player in the gold market, but this Scandinavian country actually owns 125.7 tons of gold bars. It doesn't keep all of its stocks on home ground, however. As well as Sweden's central bank, the Riksbank, the country's gold is also reportedly held within the Bank of England, the Bank of Canada, the Federal Reserve Bank in America and the Swiss National Bank.
Sweden isn't an obvious choice for being a major player in the gold market, but this Scandinavian country actually owns 125.7 tons of gold bars. It doesn't keep all of its stocks on home ground, however. As well as Sweden's central bank, the Riksbank, the country's gold is also reportedly held within the Bank of England, the Bank of Canada, the Federal Reserve Bank in America and the Swiss National Bank.
© TADAphotographer/Shutterstock
27) Singapore: 127.4 tons
Those looking for a secure place to store their gold often settle on Singapore, because the country has not been tarnished by any major corruption scandals, crime is low and so are taxes, plus the cost of gold storage here is incredibly competitive. The country itself has also got a substantial reserve of gold: 127.4 tons of the stuff to be precise.
Those looking for a secure place to store their gold often settle on Singapore, because the country has not been tarnished by any major corruption scandals, crime is low and so are taxes, plus the cost of gold storage here is incredibly competitive. The country itself has also got a substantial reserve of gold: 127.4 tons of the stuff to be precise.
© Shutterstock
26) Thailand: 152.4 tons
Thailand is stockpiling 152.4 tons of gold, over 20 tons more than Singapore. Thailand mines its own gold and the Thai people place a high value on the precious metal. In fact, south-east Asians as a whole are much keener on gold, for jewelry in particular, than people anywhere else in the world.
Thailand is stockpiling 152.4 tons of gold, over 20 tons more than Singapore. Thailand mines its own gold and the Thai people place a high value on the precious metal. In fact, south-east Asians as a whole are much keener on gold, for jewelry in particular, than people anywhere else in the world.
Pages
Member NCMD
Reference Menu
