Gold reserves, as most of you are well aware, was the gold held by the national central banks (NCBs) intended to guarantee some kind of promises to pay depositors, note holders, etc., during the time of the gold standard. Today, gold reserves are used as a store of value or as a support to the value of the national currency. The World Gold Council is one of the main organizations of the market development for the gold industry.
By using their statistics, Insider Monkey wrote amazing article about 25 Countries with Largest Private and Public Gold Reserves. Check it out!
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