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Thursday, October 4, 2018
market-news
Central Bank Gold Agreements
Gold Report on Physical Gold Holding
This chart was updated in September 2018 and reports data available at that time. Data are taken from the International Monetary Fund's International Financial Statistics (IFS), June 2018 edition, and other sources where applicable. IFS data are two months in arrears, so holdings are as of July 2018 for most countries, June 2018 or earlier for late reporters. Where the World Gold Council knows of movements that are not reported to the IMF or misprints, changes have been made
The percentage share held in gold of total foreign reserves is calculated by the World Gold Council. The value of gold holdings is calculated using the end of quarter LBMA Gold Price, which is published daily by ICE Benchmark Administration for the value of other reserves are taken from IFS, table ‘Total Reserves minus Gold’.
On 19th May 2014, the European Central Bank and 20 other European central banks announced the signing of the fourth Central Bank Gold Agreement.
(Source: worldgoldcouncil.com)
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