Latest Ranking of Gold-Reserve Countries: China Surpasses Russia to Become the World’s Fifth-Largest
Release time:
2015-08-07
Source:

Map by: Phoenix International iMarkets
Foreign media: China “ Underreporting ” of gold reserves?
World Gold Council (World Gold Council) Thursday (8 Moon 6 day ) Announced to 2015 Year 8 As of the end of the month, according to global gold reserve data, the United States still firmly holds the top spot. Among national reserves, Germany, Italy, and France rank second, third, and fourth, respectively. China has overtaken Russia to become the world’s fifth-largest holder of gold reserves. International Monetary Fund (International Monetary Fund) Gold reserves reach 2814 Tons, ranking third overall, second only to Germany.
In terms of the percentage of gold reserves relative to total reserves, the top four countries— the United States, Germany, Italy, and France—all exceed. 60% , the U.S. gold reserves reached 8133.5 tons, accounting for the total reserves 73.7% The share of gold reserves in total reserves is calculated according to... 6 Calculated based on the spot price of gold in London. The recent plunge in gold prices has not been factored into this report.
According to data from foreign media, gold prices have recently plummeted. Based on the magnitude of the decline in gold prices, central banks' gold reserves have significantly shrunk in the short term, with losses reaching hundreds of billions. U.S. dollar 。
People's Bank of China 7 The month released gold reserve data, and the gold reserves were... 2009 The data released this year showed a significant increase, yet still fell short of market expectations. According to Chinese data, gold reserves account for only a small portion of the central bank’s total reserves. 1.6% 。
China is not the only leading country with a relatively low reserve ratio; Japan, which ranks eighth in gold reserves, holds gold reserves that account for only... 2.3% ; India’s gold reserves, ranked tenth, account for the total reserves. 5.9% ; Saudi Arabia’s gold reserves, ranked 16th, account for the total reserves. 1.8% However, among the top 50 countries and regions in terms of gold reserves, only South Korea’s... 1.1% , of Brazil 0.7% And Malaysia's 1.3% Less than in China.
Analysts had previously stated that, in theory, China's gold reserves should reach... 3000 To 5000 Around the level of tons—that is, gold reserves must account for at least a portion of the total reserves. 3% The above indicates that foreign analysts expect China to become the world’s second-largest holder of gold reserves, following the United States. Economists believe this aligns with China’s position as a global power. GDP The identity ranked second.
In addition to countries and regions, this ranking also includes several international organizations, including: IMF the European Central Bank, the Bank for International Settlements, and others.