Gold Reserves

A gold reserve was the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency. The World Gold Council estimates that all the gold ever mined totaled 190,040 metric tons in 2019 but other independent estimates vary by as much as 20%. At a price of US$1,250 per troy ounce ($40 per gram), reached on 16 August 2017, one metric ton …

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Publications

IMF: International Monetary Fund · 2 April 2024 English

Tajikistan’s economic performance remains favorable as remittance inflows and public investment continue to support domestic demand but there is uncertainty over the outlook in the context of heightened geopolitical tensions. …

stimulate exploitation of Tajikistan’s large proven gold reserves, supporting growth and bolstering external


World Bank Group · 28 February 2024 English

Throughout history, gold has played a vital role as a financial asset in the global financial system. It has been prevalent as a currency in many civilizations, including Ancient Greece, …

respondents stating that they expect global gold reserves to increase over the next 12 months. Central holdings, as indicated in Table 2. The remaining gold reserves are distributed among countries, with advanced economies have been diversifying away from gold reserves, while Holder Tonnes % of Reserves % of Total increasing their holdings. The increase in gold reserves for emerging markets may be attributed to low revealed that both the volume and the value of gold reserves tend to rise in response to sanctions imposed


EU: European Union · 26 February 2024 English

banknotes and coins, official foreign exchange and gold reserves, foreign exchange operations and the collection banknotes and coins, official foreign exchange and gold reserves, foreign exchange operations, the collection banknotes and coins, official foreign exchange and gold reserves, foreign exchange operations, the collection


IEJ: Institute for Economic Justice · 21 February 2024 English

Following counter-cyclical spending during the Great Recession, The long-term trend in South Africa has been to lower the government saw widening budget deficits due to tax rates on individuals and …

Institute for questions about South Africa’s gold reserves (GFECRA). Economic Justice (Accessed 14 February


Brookings Institution · 13 February 2024 English

This paper analyzes governments' usage of payment systems to achieve non-economic policy objectives. Payment systems are primarily thought to function to maximize economic growth. The U.S. dollar's status as world …

withdraws, the Bank of England had a run on gold reserves and was forced to abandon the policy in 1931 directly assists many foreign countries in storing gold reserves, once the bedrock of the payment system under


IFRI: Institut Français des Relations Internationales · 25 January 2024 English

The European Green Deal has not been planned for the current extraordinarily deteriorated internal and external environment. Russia’s war in Ukraine, higher interest rates, inflation, strained public finances, weakened value …

force, space, digital and biotechnologies, and gold reserves. Powerful sovereign wealth funds and state-owned


UN: The United Nations · 19 January 2024 English

18 p.

country of its sovereign resources, including gold reserves held with the Bank of England and foreign


PCNS: Policy Center for the New South · 29 December 2023 English

Nevertheless, the growing geostrategic influence of the multipoles of the coalition of the Rest is still balanced off by the continuing military superiority in the Northern Atlantic on the plane …

$600 billion (approximately 5%), and total gold reserves rose by U.S.$300 billion40. But the trend has


IEA: Institute of Economic Affairs · 14 December 2023 English

Estonia is a testament to the productive and ennobling power of freedom. After waves of successive invasions from East and West, the small and fledgling country on the Baltic Sea …

country was able to reclaim ownership over large gold reserves deposited in Sweden, the UK, and Switzerland


RVI: Rift Valley Institute · 28 November 2023 English

One of the preambles of the JPA lays out the ‘underlying root causes, including in particular the issues of citizenship without discrimination, land ownership and use, economic and political divisions …

Institute P AY I N G F O R P E A C E 18 Sudan’s gold reserves, however, needed a new security architecture


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