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Top 10 Countries with the Highest Gold Reserves

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Top 10 Countries with the Highest Gold Reserves
Gold investment concept. Illustration of growing bar chart.

Full Article:  Top 10 Countries with the Highest Gold Reserves

By: John Whitefoot, BA

Gold has had a remarkable run since it started its nascent rise in early 2001, climbing more than 650% between April 2001 and September 2011. Since then, gold prices have either taken a breather or are preparing for another upswing. Based on the gold purchases made by central banks over the last three years, it appears as though many are preparing for the worst.

Since the beginning of 2012, gold prices have taken a breather, retracing 30% and currently trading near $1,200 an ounce. But over the last three years, while the price of gold drifted lower and analysts and economists were warning investors to shun the precious metal, central banks around the world were shoring up their holdings.

Full Article:  Top 10 Countries with the Highest Gold Reserves

By: John Whitefoot, BA

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