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India among countries that saw biggest jump in gold stockpile
There has been a sharp increase in gold buying in recent years all across the world, including India.
Let's take a look at nations that saw biggest increase in gold stockpiles.
Source: Bloomberg Visual Data
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India among countries that saw biggest jump in gold stockpile
Russia
Change from December 1993 to June 2013: 679.3 metric tonnes
Central bank gold reserves in June 2013: 996.4 metric tonnes
Central bank gold reserves in December 1993: 317.1 metric tonnes
Rank in gold reserves in June 2013: 7
Rank in biggest jump in stockpile in June 2013: 1
Russia, which has one of the biggest reserves of oil in the world, increased its stockpile of gold the most in the globe.
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India among countries that saw biggest jump in gold stockpile
China
Change from December 1993 to June 2013: 659.1 metric tonnes
Central bank gold reserves in June 2013: 1,054.1 metric tonnes
Central bank gold reserves in December 1993: 395.0 metric tonnes
Rank in gold reserves in June 2013: 5
Rank in biggest jump in stockpile in June 2013: 2
China, the fastest growing economy in the world, had more than 1,000 metric tonnes of gold in June 2013.
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India among countries that saw biggest jump in gold stockpile
Germany
Change from December 1993 to June 2013: 430.2 metric tonnes
Central bank gold reserves in June 2013: 3,390.6 metric tonnes
Central bank gold reserves in December 1993: 2,960.4 metric tonnes
Rank in gold reserves in June 2013: 2
Rank in biggest jump in stockpile in June 2013: 3
Germany, the economic powerhouse of Europe, had more than 3,000 metric tonnes of gold in June 2013.
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India among countries that saw biggest jump in gold stockpile
Italy
Change from December 1993 to June 2013: 378.2 metric tonnes
Central bank gold reserves in June 2013: 2,451.9 metric tonnes
Central bank gold reserves in December 1993: 2,073.7 metric tonnes
Rank in gold reserves in June 2013: 3
Rank in biggest jump in stockpile in June 2013: 4
Italy, which was hit badly by the 2008 global economic crisis, had more than 2,000 metric tonnes of gold in June 2013.
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India among countries that saw biggest jump in gold stockpile
Turkey
Change from December 1993 to June 2013: 316.1 metric tonnes
Central bank gold reserves in June 2013: 441.5 metric tonnes
Central bank gold reserves in December 1993: 125.4 metric tonnes
Rank in gold reserves in June 2013: 11
Rank in biggest jump in stockpile in June 2013: 5
Turkey, one of the fastest growing economies in the world, increased its gold reserves by 316.1 metric tonnes.
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India among countries that saw biggest jump in gold stockpile
India
Change from December 1993 to June 2013: 201.4 metric tonnes
Central bank gold reserves in June 2013: 557.8 metric tonnes
Central bank gold reserves in December 1993: 356.3 metric tonnes
Rank in gold reserves in June 2013: 10
Rank in biggest jump in stockpile in June 2013: 6
India, one of the fastest growing economies in the world, increased its gold reserves by 201.4 metric tonnes.
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India among countries that saw biggest jump in gold stockpile
Saudi Arabia
Change from December 1993 to June 2013: 180.0 metric tonnes
Central bank gold reserves in June 2013: 322.9 metric tonnes
Central bank gold reserves in December 1993: 143.0 metric tonnes
Rank in gold reserves in June 2013: 14
Rank in biggest jump in stockpile in June 2013: 7
Saudi Arabia, which has one of the biggest reserves of oil and gas in the world, increased its gold reserves by 180.0 metric tonnes.
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India among countries that saw biggest jump in gold stockpile
Kazakhstan
Change from December 1993 to June 2013: 110.6 metric tonnes
Central bank gold reserves in June 2013: 130.9 metric tonnes
Central bank gold reserves in December 1993: 20.3 metric tonnes
Rank in gold reserves in June 2013: 23
Rank in biggest jump in stockpile in June 2013: 8
Kazakhstan, which has one of the biggest reserves of gas in the world, increased its gold reserves by 110.6 metric tonnes.
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India among countries that saw biggest jump in gold stockpile
Mexico
Change from December 1993 to June 2013: 108.8 metric tonnes
Central bank gold reserves in June 2013: 123.9 metric tonnes
Central bank gold reserves in December 1993: 15.1 metric tonnes
Rank in gold reserves in June 2013: 26
Rank in biggest jump in stockpile in June 2013: 9
Mexico, which carries most of its trade with the United States, increased its gold reserves by 108.8 metric tonnes.
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India among countries that saw biggest jump in gold stockpile
South Korea
Change from December 1993 to June 2013: 94.4 metric tonnes
Central bank gold reserves in June 2013: 104.4 metric tonnes
Central bank gold reserves in December 1993: 10.1 metric tonnes
Rank in gold reserves in June 2013: 29
Rank in biggest jump in stockpile in June 2013: 10
South Korea, one of the most advanced countries in the world, increased its gold reserves by 94.4 metric tonnes.