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List of top 10 central banks with gold reserves in the world

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Gold is a key element in the basket of reserves of central banks around the world, and the year 2018 saw a turnout of these banks to increase
Bought its gold for the first time in five years as it sought to diversify its reserves.

In the midst of trade wars, currency battles and the exchange of sanctions, gold shines more in the eyes of central banks, that is
Prompting the Russian central bank to increase its shares of gold as part of a plan aimed at dispensing with the US dollar in a large part of its reserves.

The results of this plan have been evident since when the Russian Central Bank announced yesterday, its gold stocks increased to 2112 tons by January 2019,
Becoming the world’s fifth-largest gold holding, surpassing China.

Russia overtakes China and becomes the fifth largest gold holder in the world

The following is the list of the 10 largest central bank gold holdings in the world According to data from central banks, the data of the World Gold Council:

1. France: 2440, 5. Russia: 2112 tons, 6. China: 1690 tons, 7. Switzerland 1040 tons.
8. Japan 766 tons, 9. Netherlands: 613 tons, 10. India: 592 tons

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