gold reserves of the world serves as a figure, expressed in US dollars.It displays in full all currency and financial assets available to the bank of the state, which are used for the operational control of the financial balance of states and relevant within a clearly defined time.
insurance and reserve funds
gold reserves of the world is essentially a centralized reserve of gold in the form of ingots and coins and performs part of the official gold reserves of.Located at the disposal of the monetary authority of the country and under the control of global organizations that are engaged in lending.Today, this metal is used in almost all countries of the world as an "insurance airbags."In the past, during the free rotation of the precious metal, it has been used as collateral for payments between states, for domestic payments and contributions.
little history
In 1913, the gold reserves of the world (about 60%) was concentrated in the Central Pool.About 40% of the precious metal is in free float.With the development and transformation of the economy has been replaced by metal bill, which resulted in the concentration of it in the framework of specialized funds.There was a period in history when precious metal has played the role of money in the individual countries of the world.In the period from 1929 to 1933. Its role is to provide a global payments.In the postwar period (1939 -1945 years.) Weakening of the economies of most countries of the world has led to a sharp increase in the role of gold.There was a stage of accumulation of assets in the frames of each country.Today, the leaders in terms of gold reserves by the following countries:
- America - 8133.46 tons.
- Germany - 3384.2 tonnes.
- Italy - 2451.84 tons.
- France - 2435.38 tons.
- Russia - 1208.2 tonnes.
The top ten includes countries such as China and Japan, Switzerland and the Netherlands, India.
Modern stocks
Modern gold reserves, which are keeping the state of different countries, not just concentrated in the dominant banks in different countries, but also in IMF reserve.The gold reserves of the world's estimated 2014-2015 of 32 thousand tons.This amount does not include the metal, which is currently in the hands of the world's population in the form of coins and jewelry.Replenishing reserves each year is due to gold mining.Say the word, the gold reserves of the world (1/100 part) was produced for 5 years in the California gold rush.Many scientists are inclined to believe that he has a precious metal cosmic origin, and modern ore deposits appeared on the planet about 4 billion years ago.
distribution of gold reserves in 2000
At the very beginning of 2000 the amount of gold produced amounted to about 150.4 thousand tons.They were differentiated as follows:
- about 30 thousand tons - in central banks and international organizations.
- 79,000 tons - in the form of jewelry.
- 17 thousand tons of spent on dental products and the electronics industry.
- 24 thousand tons of concentrate in the form of investment.
By 2009, the volume of gold reserves increased to 165 thousand tons worth more than $ 5 trillion.Gold reserves of the world (2013-2014 gg.) Amounted to about 166,600 tonnes.Number of precious metal continues to increase.
Return gold in the global financial system
Despite the rejection of the gold as a means of payment many years ago, the country continues to actively accumulate the precious metal are systematically increasing its purchases.In particular, the gold reserves of the world in 2014 has increased dramatically due to the reserve capacity in many leading countries:
- Russia increased its reserves in 2013 to 1040.71 tons, which is twice more than was recorded in 2009.In 2013 purchases were made 150 tons of the yellow metal.
- India for 2013 increased the reserve from 35 tons to 67 tons.
- actively build up their stocks, but no official figures, countries such as Kazakhstan, China and Iraq.China plans to increase the size of its gold fund up to 10-11 thousand tons of gold.
- Brazil does not make the purchase of metal, but it is actively pursuing capacity expansion of its production.The government's plans for the period from 2014 to 2021 included an increase in the production of minerals up to 180 tons per year.
Gold in the global arena
Rating the world's gold reserves would be formed in the history of the events that took place in the 1930s.At that time, most of the world states feared German invasion.Almost all of the gold reserves for the purpose of preservation were transported to the territory of America, where they are in store in the specialized store of the Federal Reserve Bank in the territory of the United States in New York.USA virtually in full control of the IMF, which does not have the ability to sell your own gold reserve without the consent of the US Congress.The policy of the country does not comply with all state and from time to time countries are making attempts to return their savings home.For example, in 2011, Venezuela has deployed a large company that was focused on the return of gold, located at that time abroad, in the country.The result of this event was the return to the territory of more than 17 thousand of the 29 thousand bars, which belong to the state.In America it kept most of the stock of Germany, which despite desperate and intense efforts to bring him home, and could not achieve the desired result.Panic in the world is the fact that the highly rumored to replace the precious metal in storage US copies, gold-plated tungsten bars.
Guardian guarantees
gold reserves of the world, which in 2013 amounted to slightly less than 170 thousand tons, today part is stored in the United States in a specialized store.The room for the precious metal was built in 1920 and it is located at a depth of 25 meters under the ground.If you believe the official data, in the storage today is about 6700 thousand tons of ingots in the amount of 368.5 billion dollars.An interesting fact is that 98 percent of the metal is not owned by the United States and other member states.A small portion of gold reserves in reserve in France and England.Federal Reserve Bank in New York acts as the authorized custodian of the world's wealth.
What threatens to store most of the gold reserves in the United States?
gold reserves of the world in 2014, which is stored in the Americas, began to cause a strong public interest.This is due to Germany's urging to return their stocks to their homeland.America is very interested in the rank of keeper of the precious metal, because it plays a role in providing a variety of financial transactions.The withdrawal of the German gold reserve could undermine not only the US economy, the last transport to their home country will talk about the low level of trust, which is very profitable in today's economy.Moreover, the public is convinced that in case of need the Fed will not be able to return the entire gold reserves of the world in 2014, which he has in storage.This is due to the fact that when gold was transported to America was not organized its distribution by country.When bankruptcy Fed States will have the status of the creditors of the second stage, which eliminates the possibility of seizure of assets of a financial institution as a priority.To say simply, today quite difficult to determine which metal is which.Germany initiates checks Foundation of America, and experts attribute this to the fact that the government is simply afraid of the next global crisis, under which the only guarantor of stability able to speak it gold.
