The new issue of Gold Demand Trend is released.
Here is a short summary about the gold demand by Official Sector :
- Central banks continued to purchase gold in Q3 2012, albeit at a slower pace. Demand of 98 tonnes, worth US $ 5.2 bn, accounted for 9% of overall demand during the period.
- Brazilian central bank purchased 1.7 tonnes, for the first time since june 2005.
- Paraguay central bank purchased 7.5 tonnes, representing a more than 10-fold increase from its previous reserves of 0.7 tonnes
- South Korea central bank increased its holdings of gold by 29% in July (adding 16 tonnes).
- Sales between central banks (under CBGA agreement) in the last 12 months was the lowest since the beginning of this Agreement in 1999, with an amount of 5.9 tonnes.
Below are shown the biggest official gold reserves, where I've chosen to calculate aggregates relevant to the current multipolar world :
Country or economic pole
|
Gold Reserves (tonnes), Nov. 2012 WGC report
|
Euro Area (incl.
ECB)
|
10 787
|
EU 27 sum
|
11 538
|
USA
|
8 135
|
Switzerland
|
1 040
|
China + Taiwan + Hong-Kong
|
1 480
|
Japan
|
765
|
Russia
|
935
|
Brazil
|
35
|
India
|
558
|
South Africa
|
125
|
BRICS sum
|
3 133
|
Iran
|
500 (source, Feb. 2012)
|
Gulf Countries sum (Saudi Arabia, Kuwait, Bahrain, Qatar)
|
419
|
Venezuela
|
362
|
U.K.
|
310
|
Turkey
|
302
|
Lebanon
|
287
|
Algeria
|
174
|
Libya
|
117
|
Syria
|
26
|
Aucun commentaire:
Enregistrer un commentaire