已发表: 2020.12.09. WGC: buying gold by countries in September-October 2020

WGC: buying gold by countries in September-October 2020 - 观看

The updated World Gold Council data contains changes in gold reserves of different countries as of September-October 2020. It follows from them that during the coronavirus crisis, many countries continued to increase their gold reserves. In the Middle East, the United Arab Emirates stands out for gold purchases. Their gold reserves have grown over the indicated period by 7.5 tons or 20% and now amount to 46.4 tons. Qatar purchased 2 tons of gold and now owns 53.6 tons. In the Middle East, several countries have increased their gold reserves in the past months. For example, India bought 1.9 tonnes and now owns 670.1 tonnes. Cambodia has increased its reserves by 3 tonnes to the current 40.5 tonnes. Turkey's gold reserves rose by 6.9 tons to 567.9 tons. These data also contain gold from commercial banks, which keep it with the Central Bank as collateral. Uzbekistan has increased its reserves by 8.4 tons to 315.7 tons of gold. However, Mongolia, on the contrary, sold 2.5 tons of gold. Now there are 12.9 tons in its reserves. Below is a list of other countries: Philippines: +0.9 t. Australia: +0.3 t. Serbia: +0.2 t. Greece: +0.1 t. Luxembourg: +0.1 t. Mexico: +0.1 t. According to the World Gold Council, the total official reserves of gold in the world are currently 35,171.3 tons - an increase of 65.2 tons compared to the previous reporting period. It is also worth recalling that some countries submit their data on changes in gold reserves late. But there are a number of countries that never report their gold at all. These include Israel, Iran and North Korea. China has not disclosed its reserves since September 2019, and Russia has not bought precious metals since March 2020.