{"id":45649,"date":"2012-12-20T14:37:20","date_gmt":"2012-12-20T14:37:20","guid":{"rendered":"https:\/\/armbanks.am\/2012\/12\/20\/237230\/"},"modified":"2024-12-15T13:01:41","modified_gmt":"2024-12-15T13:01:41","slug":"world-gold-holdings-hit-31491-1-t-in-october-2012","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/12\/20\/45649\/","title":{"rendered":"World gold holdings hit 31,491.1 t in October 2012"},"content":{"rendered":"<p><strong>YEREVAN, December 20. \/ARKA\/<\/strong>. World official gold holdings hit 31,491.1 tons in October 2012 \u00a02012, according to the \u201cWorld Official Holdings: International Financial Statistics, December 2012\u201d publication by the World Gold Council.<\/p>\n<p>In late October the gold price was $1719. The total value of the world gold holdings stood at $1,740.4 billion.<\/p>\n<p>World gold reserves in the Euro Area (including ECB) made up 64.1% of all reserves reaching 10,783.3 tons ($595.9 billion).<br \/>\nThe highest gold holdings are concentrated in the USA- 8,133.5 tons (76.1% of all reserves) valued at $449.5 billion.<\/p>\n<p>Germany is second in the list with 3,391.3 tons (73.2%) at $187.4 billion.<\/p>\n<p>Top ten countries in the rating are also Italy, France, China, Switzerland, Russia, Japan and the Netherlands.<\/p>\n<p>Russia\u2019s reserves stood at 934.9 tons valued at $51.6 billion (9.8% of all reserves).<\/p>\n<p>The gold holdings of the IMF totaled 2814 tons at $155.5 billion.<\/p>\n<p>Global gold demand in Q3 2012 was 1,084.6 tonnes (t), down 11% from the record Q3 2011 figure of 1,223.5t., the quarterly publication by World Gold Council. \u00a0In value terms gold demand was 14.0% lower year on year at $57.6bn and the average gold price of $1,652\/oz was down 3% on the record average Q3 2011 price.<\/p>\n<p>Investment demand (the sum of ETFs and total bar and coin demand) was 429.9t, down 16% compared to the same quarter last year, but was 23% above the five year average. Demand in the jewellery sector was down 2.0% to 448.8t compared to 458.0t in the same quarter in 2011.<br \/>\nCentral banks bought 97.6t in the quarter. In six out of the last seven quarters, central bank demand has been around 100t, which is a sharp increase from as recently as 2010. The year to date figure for central bank buying is up 9%.\u20140-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World gold holdings hit 31,491.1 t in October 2012.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[],"class_list":{"0":"post-45649","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/45649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=45649"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/45649\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=45649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=45649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=45649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}