China ranks sixth in the world's gold reserves baked

Awareness of gold as a safe asset in the turbulence of the global economic environment, the growing popularity of Korea "Asian economic" reported on September 18 that 18 of the World Gold Council, global gold reserves totaling 31,359 tons, of which China rowsixth place, reserves tons.

It is reported that, according to the World Gold Council 18, the amount of global gold reserves totaling 31,359 tons. Look at the national and international institutions, the United States has the largest gold reserves of 8133.5 tons. Followed by Germany (3395.5 tons), IMF (2814 tons), Italy, France, China (1054.1 tons). Korea's gold reserves amount to 70 tons, ranked 40.

It is reported that the amount of gold reserves in Korea reached 70 tons, ranked 40 in the 100 surveyed countries. Translated in U.S. dollars, the value of gold reserves amounted to $ 2.98 billion. Affected by the global economic crisis, the international currency status of the U.S. dollar began to shake. In view of this, the Bank of Korea last year, the first time after a lapse of 13 years, large-scale buying 40 tons of gold, 16 tons of gold was purchased in July. South Korea's gold reserves as of September of this year jumped to 40.

Since the beginning of this year, including South Korea, Russia, Turkey and Mexico, 15 countries for the promotion of reserve diversification actively purchase gold.

After the third U.S. policy of quantitative easing (QE3), the rising demand for physical assets is expected that the price of gold will climb, buy gold trend will become increasingly prominent. The percentage of gold in South Korea's foreign exchange reserves is still lower than in developed countries such as the United States and Europe. Gold Portugal (90%), followed by Greece, the United States and Germany, the countries with the highest share of foreign exchange reserves ratio.

Gold reserve ratio is less than 1% of the countries and regions, Hong Kong (0.0%), Canada (0.3%), Iraq (0.5%), and Brazil and other.

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