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Which Central Banks Are Buying the Most Gold?

WHICH CENTRAL BANKS ARE BU YING THE MOST GOLD? Central bank gold purchases made up Central banks added a combined :477.2 t 12% of gold to their reserves in 2014 – the second highest amount in 50 years. of global gold demand in 20I4. That's enough to buy 75 "Since 2010, central banks have been net buyers of gold, driven in part by uncertainty over the future of the international monetary systems and the need to diversify reserves." -World Gold Council Boeing 787 Dreamliners. According to data from the International Monetary Fund (IMF), the central banks of the following 10 countries were significant purchasers of gold in 2014. 10 | NEPAL E 1.2 t 9 SERBIA 8 JORDAN O| PHILIPPINES 1 TAJIKISTAN 61 MAURITIUS 1.3 t 1.6 t * 1.8 t 3.5 t 4 t 4 AZERBAIJAN 10.2 t 3 IRAQ 47.6 t 2 KAZAKHSTAN 48.1 t 1 RUSSIA 173 t INFOGRAPHIC PROVIDED BY SOURCES •http://www.gold.org/reserve-asset-management/managing- gold-reserves Shttp://www.gold.org/supply-and-demand/gold-demand- trends/back-issues/gold-demand-trends-full-year-2014 •http://www.gold.org/download/file/3735/Changes_latest_as_a t_May2015_IFS.xlsx http://www.bloomberg.com/news/articles/2015-02-12/central- banks-hungry-for-gold-bought-enough-for-75-dreamliners American Bullion, Inc. Risk Disclosure: Purchasing precious metals in bullion bars, coins, proof coins, and numismatic coins involves a degree of risk that should be carefully evaluated prior to investing any funds in a Gold IRA or making a cash purchase. American Bullion ánd its agents are not registered or licensed by any government agencies, and are not financial advisors or tax advisors. Past performance is not indicative of future results. Investors should do their due diligence before committing any money to purchase gold and other precious metals. If you have additional questions, please contact American Bullion. The Trusted Leader in Gold IRAS T-800-959-2549 www.americanbullion.com

Which Central Banks Are Buying the Most Gold?

shared by americanbullion on Jun 18
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Most of the world’s central banks keep physical gold in their reserves. Some central banks hold more gold than others, and some are adding more at a faster pace than others. Which central banks adde...

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