| # | 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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37 comments:
How you calculate the gold price?
Hi
landed on your site via the Indiblogger link
I am a firm believer, in the liquidity and safety of Gold
http://innovationinbanking.blogspot.com/p/introduction.html
warm regards
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.
good Articles but!
which is best place to buy pure gold!
please tell me !
Hugeindia
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?
FundsM
Nice info please update it
I was very pleased to find this site.I wanted to thank you for this great read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you post.
Financial Planning
Great piece of info on gold. How about diamonds?
can you please keep us updated on this?
Kind Regards
Nice blog.
FM
Respected sir
Please give me you mail Id if possible.
Thanks
Yours Truly
Ramesh kamuni
Mail:k.s.srinivas AT gmail.com
Thanks for giving these type of blogs. To know a gold.
------------
Snehith
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.
What next?
August will be volatile month and will see turbulent markets, the present correction would end in September, when markets take off in a big way.
To get accurate forecasting please visit http://www.kalpeshmaniar.com
Gold... Will it be the next bubble?
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?
Thank you for appreciating Commodity Trading India
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Nice blog and very good information .now a days gold is the most beneficial commodity
Some great ideas, will definitely implement some of them into our blog.
Thanks for the Great Information..
India is a largest gold consumer and chine is growing too.
Walking holidays in Spain Nice information please update your site
nice article:)
MCX Today
Thanks for posting such an informative post. www.handt.ca
Nice article, thanks for the information.
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very nice info it's a peak time invest in gold and what about the future scenario about the stock markets
Regards:
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Thanks for the Great Information..
Thanks for the useful information
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