Everything For The Detectorist - Metals GOLD
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13) Turkey: 495.6 tons
Turkey has over 70 tons more gold than Taiwan with 495.6 tons. The country is thought to see gold as the best way to stabilize its fragile banking system. Turkey is also pushing to exploit its own gold resources. Gold is thought to have been discovered in Turkey as early as 9000 BC, but it is only quite recently that it has become of international commercial interest.
Turkey has over 70 tons more gold than Taiwan with 495.6 tons. The country is thought to see gold as the best way to stabilize its fragile banking system. Turkey is also pushing to exploit its own gold resources. Gold is thought to have been discovered in Turkey as early as 9000 BC, but it is only quite recently that it has become of international commercial interest.
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12) European Central Bank: 504.8 tons
It's not a country but the European Central Bank (ECB) is the central bank of all the European Union countries that have adopted the euro as their currency. It holds 504.8 tons of gold in their name, largely as a result of transfers made to the bank by Euro member national central banks at the launch of the euro. This gold is said to be stored across five locations around the world.
It's not a country but the European Central Bank (ECB) is the central bank of all the European Union countries that have adopted the euro as their currency. It holds 504.8 tons of gold in their name, largely as a result of transfers made to the bank by Euro member national central banks at the launch of the euro. This gold is said to be stored across five locations around the world.
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11. India: 557.8 tons
Indian households are known to hold more gold than most other nations, largely in the form of jewelry, and the country itself also places a high value on gold storage. India holds 50 tons more gold than the European Central Bank, with 557.8 tons. Although India does have a small gold mining industry it can't support the national demand and most of its yellow metal is bought in from abroad.
Indian households are known to hold more gold than most other nations, largely in the form of jewelry, and the country itself also places a high value on gold storage. India holds 50 tons more gold than the European Central Bank, with 557.8 tons. Although India does have a small gold mining industry it can't support the national demand and most of its yellow metal is bought in from abroad.
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10) The Netherlands: 612.5 tons
The Netherlands takes the number 10 spot on the World Official Gold Holding Chart with 612.5 tons of gold in its stocks. Plans are currently being put in place to move its gold bullion from its current vaults in central Amsterdam to a new purpose-built facility near Zeist. Some Dutch gold is also said to be held at the Bank of England, the Bank of Canada and the Federal Reserve Bank in America.
The Netherlands takes the number 10 spot on the World Official Gold Holding Chart with 612.5 tons of gold in its stocks. Plans are currently being put in place to move its gold bullion from its current vaults in central Amsterdam to a new purpose-built facility near Zeist. Some Dutch gold is also said to be held at the Bank of England, the Bank of Canada and the Federal Reserve Bank in America.
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9) Japan: 765.2 tons
Japan holds 765.2 tons of gold in stock, more than 150 tons more than the Netherlands. It also has its own veins of gold running through its land, which have been mined on a small scale for centuries. Recent exploratory gold searches have proved positive and Japan is now looking to exploit those reserves further.
Japan holds 765.2 tons of gold in stock, more than 150 tons more than the Netherlands. It also has its own veins of gold running through its land, which have been mined on a small scale for centuries. Recent exploratory gold searches have proved positive and Japan is now looking to exploit those reserves further.
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8) Switzerland: 1,040 tons
The gold stocks move into four figures now with Switzerland holding 1,040 tons. The majority of this gold is held on home soil, but some of it is stored at the Bank of England and Bank of Canada. In 2014 there was a referendum to decide whether all the gold should be stored in Switzerland, whether the Swiss National Bank (SNB) should have the right to sell its gold reserves and whether the SNB should hold at least 20% of its assets in gold. The status quo prevailed
The gold stocks move into four figures now with Switzerland holding 1,040 tons. The majority of this gold is held on home soil, but some of it is stored at the Bank of England and Bank of Canada. In 2014 there was a referendum to decide whether all the gold should be stored in Switzerland, whether the Swiss National Bank (SNB) should have the right to sell its gold reserves and whether the SNB should hold at least 20% of its assets in gold. The status quo prevailed
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