So china could buy up to 74000 tonnes of gold for it's reserve....

  1. 3,045 Posts.
    So china could buy up to 74000 tonnes of gold for it's reserve. Wow, that would certainly trump the US holding.

    WORLD OFFICIAL GOLD HOLDINGS (September 2008*)
    Tonnes
    % of
    reserves** Tonnes
    % of
    reserves**
    1 United States 8,133.5 77.3% 51 Ukraine 26.2 2.0%
    2 Germany 3,413.1 66.4% 52 Syria 25.9 1)
    3 IMF 3,217.3 1) 53 Morocco 22.0 2.2%
    4 France 2,540.9 57.8% 54 Nigeria 21.4 0.9%
    5 Italy 2,451.8 67.0% 55 Belarus 4) 20.3 11.6%
    6 Switzerland 1,064.1 38.1% 56 Jordan 14.8 5.2%
    7 Japan 765.2 2.1% 57 Korea 14.3 0.1%
    8 Netherlands 621.4 59.9% 58 Cyprus 13.9 29.7%
    9 China 600.0 0.9% 59 Czech Republic 13.2 0.9%
    10 ECB 533.6 23.0% 60 Netherlands Antilles 13.1 31.4%
    11 Russia 472.6 2.1% 61 Cambodia 12.4 12.9%
    12 Taiwan 422.4 3.8% 62 Qatar 12.4 2.6%
    13 Portugal 382.5 85.5% 63 Serbia 12.2 2.3%
    14 India 357.7 3.1% 64 Laos 8.1 23.1%
    15 Venezuela 2) 356.8 29.3% 65 Latvia 7.7 3.3%
    16 United Kingdom 310.3 15.4% 66 El Salvador 7.3 8.2%
    17 Lebanon 286.8 33.5% 67 CEMAC 5) 7.1 1)
    18 Spain 281.6 39.0% 68 Guatemala 6.9 3.9%
    19 Austria 280.0 40.4% 69 Colombia 6.9 0.8%
    20 Belgium 227.6 37.3% 70 Macedonia 6.8 7.6%
    21 Algeria 173.6 3.4% 71 Tunisia 6.8 2.1%
    22 Libya 143.8 4.2% 72 Lithuania 5.8 2.3%
    23 Sweden 143.2 11.7% 73 Ireland 5.5 16.3%
    24 Saudi Arabia 143.0 10.0% 74 Sri Lanka 5.3 3.8%
    25 Philippines 133.1 9.9% 75 Mongolia 5.2 10.9%
    26 Singapore 127.4 1.9% 76 Bahrain 4.7 1)
    27 BIS 125.0 1) 77 Bangladesh 3.5 1.6%
    28 South Africa 124.3 9.6% 78 Mexico 3.4 0.1%
    29 Turkey 116.0 3.9% 79 Canada 3.4 0.2%
    30 Greece 104.6 87.6% 80 Slovenia 3.2 7.2%
    31 Romania 103.7 6.6% 81 Aruba 3.1 17.1%
    32 Poland 102.9 3.3% 82 Hungary 3.1 0.3%
    33 Thailand 84.0 2.2% 83 Mozambique 3.0 4.6%
    34 Australia 79.8 6.1% 84 Kyrgyz Republic 2.6 5.3%
    35 Kuwait 79.0 13.4% 85 Luxembourg 2.3 10.8%
    36 Egypt 75.6 5.8% 86 Albania 2.2 2.6%
    37 Indonesia 73.1 3.3% 87 Hong Kong 2.1 0.0%
    38 Kazakhstan 73.0 9.4% 88 Iceland 2.0 1.9%
    39 Denmark 66.5 5.1% 89 Tajikistan 2.0 1)
    40 Pakistan 65.3 16.0% 90 Papua New Guinea 2.0 2.1%
    41 Argentina 54.7 3.1% 91 Mauritius 1.9 2.4%
    42 Finland 49.1 15.7% 92 Trinidad and Tobago 1.9 0.6%
    43 Bulgaria 39.6 5.1% 93 Yemen 1.6 0.5%
    44 WAEMU 3) 36.5 9.0% 94 Suriname 1.4 7.0%
    45 Malaysia 36.4 0.8% 95 Cameroon 0.9 1)
    46 Slovak Republic 35.1 4.8% 96 Honduras 0.7 0.7%
    47 Peru 34.7 2.6% 97 Paraguay 0.7 0.6%
    48 Brazil 33.6 0.4% 98 Dominican Republic 0.6 0.7%
    49 Bolivia 28.3 10.3% 99 Gabon 0.4 1)
    50 Ecuador 26.3 11.6% 100 Congo 0.3 1)
 
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