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Bloomberg ranked countries based on the change in their central bank gold reserves as a result of sales from December 1993 to June 2013.
The original unit of measure was millions of troy ounces, which were converted to metric tons.
Bloomberg, International Monetary Fund
October 31, 2013
Rank | Country | Change December 1993 to June 2013 (metric tons) | Central bank gold reserves June 2013 (metric tons) | Central bank gold reserves December 1993 (metric tons) | Rank in gold reserves June 2013 |
---|---|---|---|---|---|
1 | Russia t | 679.3 | 996.4 | 317.1 | 7 |
2 | China t | 659.1 | 1,054.1 | 395.0 | 5 |
3 | Germany t | 430.2 | 3,390.6 | 2,960.4 | 2 |
4 | Italy t | 378.2 | 2,451.9 | 2,073.7 | 3 |
5 | Turkey t | 316.1 | 441.5 | 125.4 | 11 |
6 | India t | 201.4 | 557.8 | 356.3 | 10 |
7 | Saudi Arabia t | 180.0 | 322.9 | 143.0 | 14 |
8 | Kazakhstan t | 110.6 | 130.9 | 20.3 | 23 |
9 | Mexico t | 108.8 | 123.9 | 15.1 | 26 |
10 | South Korea t | 94.4 | 104.4 | 10.1 | 29 |