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The world official gold holdings (December 2008) in tonnes as reported by the World Gold Council World Gold reserves (or gold holdings) are held by central banks as a store of value. The world gold reserve total 29,697.1 tonnes, or in excess of 29,697,100 kg, 954,798,572.48 troy ounces, with total value at today gold price equal to about US$753 Billion. As one metric tonne equals 1,000 kilograms (or 32,150 troy ounces), one tonne of gold equates to a value of US$25 million at January 2009 gold prices (US$861.34/troy ounces). The world gold reserves as reported by the World Gold Council (December 2008) as shown in the breakdown of individual countries. (note by BLO: link to source below lists 106 countries) USA - as independent countries - has the largest gold reserves. But in total the Euro Area (incl. ECB) have the largest gold reserves (10,886.8 tonnes as of December 2008). Note: Value of Metal is calculated as of January 21, 2009. GoldTraderAsia.com takes no responsibility for any misapprehension. source of above info for 2008 (Bill Chiam) World's Biggest Gold Reserves, 2009 - slideshow by CNN GOLD PRICE FLUCTUATIONS: (1) Short Term: 24 hours Spot Gold (bid) - November 25/7, 2009   (2) Intermediate Term: 120 Days, One - Five - and Ten Years Spot Gold, ending in 2009  (3) Long Term: 1975 to 2007 Spot Gold CAUTION: do not let the red colored interpretation shake your trust in graphs....or gold "As you can see" ........"trapped in a US$ 200 trading range" ..."from US$400 to US$500" whereas I clearly see:..."trapped in a US$ 300 trading range" ..."from US$200 to US$500" BLO fecit 20091128_9 (Parker and Barend overnight) - stories |