Mapped: Who owns the world’s gold reserves

Central banks around the globe have been on a gold buying spree this year, with Russia and China, leading the pack.

In the first three months of 2019, gold purchases by the country’s top banks hit the highest in six years, as nations diversify their assets away from the U.S. dollar.

Global gold reserves, in fact, rose 145.5 tonnes in the first quarter, a 68% from a year earlier, based on figures released by the World Gold Council earlier this month.

To better visualize where most of the world’s gold is seating these days, the experts at How Much.net came up with this map, which shows exactly that:

You can read more about it here.

The post Mapped: Who owns the world’s gold reserves appeared first on MINING.com.

from MINING.com http://bit.ly/30UKUjU