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20 countries with highest gold reserves
After hitting two-year lows, gold prices are rising again.
The price of standard gold of 99.5 per cent purity rose by Rs 440 to close at Rs 26,700 per 10 gms on Monday from the last closing level of Rs 26,260.
In value terms, gold demand in 2012 was $236.4 billion – an all-time high.
According to the World Gold Council, the global official gold holdings totaled 31,694.8 tonnes as of April 2013.
As gold continues its volatile ride, take a look at countries with the highest gold reserves, according to World Gold Council.
United States (Rank 1)
Official gold holdings: 8,133.5 tonnes
Percentage of foreign reserves in gold: 75.1%
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20 countries with highest gold reserves
Germany (Rank 2)
Official gold holdings: 3,391.3 tonnes
Percentage of foreign reserves in gold:: 72.1%
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20 countries with highest gold reserves
Italy (Rank 3)
Official gold holdings: 2,451.8 tonnes
Percentage of foreign reserves in gold: 71.3%
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20 countries with highest gold reserves
France (Rank 4)
Official gold holdings: 2,435.4 tonnes
Percentage of foreign reserves in gold: 69.5%
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20 countries with highest gold reserves
China (Rank 5)
Official gold holdings: 1,054.1 tonnes
Percentage of foreign reserves in gold: 1.6%
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20 countries with highest gold reserves
Switzerland (Rank 6)
Official gold holdings: 1,040.1 tonnes
Percentage of foreign reserves in gold: 10.0%
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20 countries with highest gold reserves
Russia (Rank 7)
Official gold holdings: 976.9 tonnes
Percentage of foreign reserves in gold: 9.5%
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20 countries with highest gold reserves
Japan (Rank 8)
Official gold holdings: 765.2 tonnes
Percentage of foreign reserves in gold: 3.1%
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20 countries with highest gold reserves
The Netherlands (Rank 9)
Official gold holdings: 612.5 tonnes
Percentage of foreign reserves in gold: 58.7%
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20 countries with highest gold reserves
India (Rank 10)
Official gold holdings: 557.7 tonnes
Percentage of foreign reserves in gold: 9.6%
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20 countries with highest gold reserves
Taiwan (Rank 11)
Official gold holdings: 423.6 tonnes
Percentage of foreign reserves in gold: 5.4%
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20 countries with highest gold reserves
Portugal (Rank 12)
Official gold holdings: 382.5 tonnes
Percentage of foreign reserves in gold: 89.6%
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20 countries with highest gold reserves
Turkey (Rank 13)
Official gold holdings: 375.7 tonnes
Percentage of foreign reserves in gold: 15.6%
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20 countries with highest gold reserves
Venezuela (Rank 14)
Official gold holdings: 365.8 tonnes
Percentage of foreign reserves in gold: 65.4%
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20 countries with highest gold reserves
Saudi Arabia (Rank 15)
Official gold holdings: 322.9 tonnes
Percentage of foreign reserves in gold: 2.4%
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20 countries with highest gold reserves
United Kingdom (Rank 16)
Official gold holdings: 310.3 tonnes
Percentage of foreign reserves in gold: 15.2%
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20 countries with highest gold reserves
Lebanon (Rank 17)
Official gold holdings: 286.8 tonnes
Percentage of foreign reserves in gold: 28.1%
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20 countries with highest gold reserves
Spain (Rank 18)
Official gold holdings: 281.6 tonnes
Percentage of foreign reserves in gold: 28.2%
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20 countries with highest gold reserves
Austria (Rank 19)
Official gold holdings: 280.0 tonnes
Percentage of foreign reserves in gold: 54.7%
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20 countries with highest gold reserves
Belgium (Rank 20)
Official gold holdings: 227.5 tonnes
Percentage of foreign reserves in gold: 39.1%