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Source:  World Gold Council's Official Gold holdings -
Financial Statistics, April 2011*

* The following table was updated in April, 2011 and reports data available at that time. Data are taken from the International Monetary Fund's International Financial Statistics (IFS), April 2011 edition, and other sources where applicable. IFS data are two months in arrears, so holdings are as of February 2011 for most countries, January 2011 or earlier for late reporters.

The table does not list all gold holders:  countries which have not reported their gold holdings to the IMF in the last six months are not included, while other countries are known to hold gold but they do not report their holdings publicly. Where the WGC knows of movements that are not reported to the IMF or misprints, changes have been made. The countries showing as  having 0.0 tonnes of gold report some gold but less than 0.05 tonnes to the IMF.

**The percentage share held in gold of total foreign reserves as calculated by the World Gold Council reserves, Council.

The value of gold holdings is calculated using the end of month London pm fix gold price published daily by the LBMA. In February , the end of month gold price was $1402.50 Data for the value of other reserves are taken from IFS, table ‘Total Reserves minus Gold’.

  1. BIS and IMF balance sheets do not allow this percentage to be calculated. In the case of any countries, up to date data for other reserves are not available.
  2. BIS data are updated each year from the BIS’s annual report to reflect the Bank’s gold investment assets excluding any gold held in connection with swap operations, under which the Bank exchanges currencies for physical gold. The bank has an obligation to return the gold at the end of the contract.
  3. West African Economic Monetary Union including the central bank.
  4. Including gold on inward swap and excluding gold on outward swap.
  5. Central African Economic and Monetary Union including the central bank.
  6. Signatories to the third Central Bank Gold Agreement which commenced in September 2009. The signatores include: ECB, Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovakial, Slovenia, Spain, Sweden, Switzerland. Estonia became a signatory upon joining the Euro in January 2011.

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