Wednesday, March 26, 2008

REF - World's Largest Gold Reserves

The World's Largest holders of GOLD Reserves (the largest gold holdings as reported by the World Gold Council):

Country / 2005 Gold tonnes / 2007 Gold tonnes
1
United States of America / 8,133.5 / 8,133.5
2 Germany / 3,427.8 / 3,417.4
3 International Monetary Fund / 3,217.3 / 3,217.3
4 France / 2,892.6 / 2,622.3
5 Italy / 2,451.8 / 2,451.8
6 Switzerland / 1,290.1 / 1,166.3
7 Japan / 765.2 / 765.2
8 Netherlands / 722.4 / 624.5
9 European Central Bank / 719.9 / 604.7
10 People's Republic of China / 600.0 / 600.0
11 Republic of China (Taiwan) / 423.3 / 423.3
12 Portugal / 407.5 / 382.6
13 Russia / 386.6 / 438.2
14 India / 357.7 / 357.7
15 Venezuela / 357.4 / 356.8
16 United Kingdom / 311.3 / 310.3
17 Austria / 307.5 / 280.0
18 Lebanon / 286.8 / 286.8
19 Pakistan / 283.0 / 265.3
20 Belgium / 227.7 / 227.6

* The U.S.'s holdings of gold is worth about $261 Billion (as of March 2008 + assuming the price is $1000/ounce). Anecdotally...is it me or does that not seem to be that big of a number considering the U.S. government just passed a $160 Billion economic stimulus?

Data Courtesy: Wikipedia.com, snagged on 3/26/08.