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Sify Home >> Finance >> Others >> The World's Biggest Gold Reserves

The World's Biggest Gold Reserves

⥳erves
With the price of gold reaching an all-time high of $1246 per ounce, in these uncertain times the market has been moving dramatically towards this traditional safe haven.  

The biggest individual holders of gold - Central banks, International entities and governments - are believed to account for approximately 20.5 percent of the world's gold, holding about 29,787 tons.

The numbers are taken from the monthly report produced by the World Gold Council , which the gold industry's key market development body.

So which countries have the biggest gold reserves? Click ahead to find out!

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By Paul Toscano, CNBC




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