The official ranking of gold reserves in 20 12 published by the World Gold Council (WGC) shows that the top ten are the United States, Germany, the International Monetary Fund (IMF), Italy, France, China, Switzerland, Russia, Japan and the Netherlands, and the ranking remains unchanged. Among them, Brazil, Turkey and Ukraine increased their holdings of gold, while Belarus, Czech Republic, Kazakhstan, Mexico and Russia reduced their holdings of gold.

The World Gold Council released the world gold reserve data as of August 20 15, and the United States remained firmly at the top of the list. Among the national reserves, German, Italian and French rank second, third and fourth respectively, and China has surpassed Russian to become the fifth country in the world.

Judging from the percentage of gold reserves in all foreign exchange reserves, the top four countries such as the United States, Germany, Italy and France all exceeded 60%, and the gold reserves of the United States reached 8 133.5 tons, accounting for 73.7% of all foreign exchange reserves. The share of gold reserves in the total reserves is calculated according to the spot price of gold in London in June, and the recent plunge in gold prices is not included in the report.

The content of this article comes from People's Republic of China (PRC) Financial Code: Application Edition by China Law Publishing House.