Gold Reserves and Demand

By Anonymous -
As per World Gold Council statistics, the world official gold holdings as of September 2010 stands as follows.
#CountryGold Reserves (Tonnes)
1USA8,133.5
2Germany3,402.5
3Italy2,451.8
4France2,435.4
5China1,054.1
6Switzerland1,040.1
7Japan765.2
8Russia726.0
9Netherlands612.5
10India557.7

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.

Related Articles
- The Rising Gold

Comments

Post a Comment

Ask me anything here...

Popular posts from this blog

Gove confirms mandatory housebuilding targets for councils will be abolished in face of Tory rebellion – UK politics live

By Anonymous -
Levelling up secretary confirms government will change levelling up bill after number of Tory MPs tabled rebel amendment Starmer is now taking questions. Q: [Beth Rigby from Sky] When people are struggling with the cost of living, you are talking about constitutional issues. This might look to people as if you are out of touch. Are you talking to Westminster about stuff that won’t happen. What in this will improve people’s lives from day one of a Labour government? When you come to the next election, it may be that the Scottish National party will have a one-line manifesto and want a one-issue general election. But we have done a huge amount of research on Scottish public opinion and people want a better health service immediately, people want living standards improved immediately, people want jobs for young people immediately, people want better housing immediately and people of course want change in the way that we are suggesting immediately. People up and down this country are cryin...
Read more

Kotak Mahindra Bank Recruitment 2022 Released for Graduate Candidates And Apply Online

By Anonymous -
Image
Kotak Mahindra Bank Recruitment 2022 Released for Graduate Candidates And Apply Online Kotak Mahindra Bank Recruitment 2022 Released for Fresher & Graduate Candidates. The Kotak Mahindra Bank has released latest notification for the post of Asst Acquisition Manager on the Official Website. Any Interested candidates can apply to Kotak Mahindra bank for the post of Asst Acquisition Manager. Kotak Mahindra Bank Recruitment 2022 Kotak Mahindra Bank Recruitment Details 2022 Organisation - Kotak Mahindra Bank Post Name - Asst Acquisition Manager Apply Starting Date - 16.05.2022 Last Date to Apply - 30.06.2022 Mode of Apply - Only Online Status - Job Notification Released Job Role For Kotak Mahindra Bank Recruitment 2022: Acquisition of a new client (NTB) through external personal efforts for the bank's current account, savings account products. Getting customers from individuals, small businesses, trusts, associations, societies, corporates. Revenue generation, customer acquisition, ...
Read more