France now has the third largest gold stock in the world
In six months, Russia bought 54 tons of gold and its reserves are now more important than China. According to analysts, this is how the Russian economy reduces its dependence on the dollar and the euro that constitute a large part of the country’s foreign exchange reserves.
At Toolito, we like to be interested in actualité économique and we thought it would be interesting for you to know who owns the more gold in the world . This is a way to realize the wealth (economic) of a country. Thanks to the infographic below, made by Statista , we can see the first eight possessors of gold ingots in the world to date.
You will notice that we are talking here tonne of gold . Gold is held by many central banks as a “value reserve” that maintains a relatively stable course, and is used to secure a transaction, credit agreement or establish a guarantee fund.
The gold course reached $1183 a ounce last month, the lowest value since last year’s June.
Main photo credit: Flickr – Jeremy Schultz
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