World Gold Council

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WORLD OFFICIAL GOLD HOLDINGS September 2010*

% of % of
Tonnes reserves** Tonnes reserves**
1 United States 8,133.5 72.1% 51 Ukraine 27.2 3.3%
2 Germany 3,402.5 67.4% 52 Ecuador 26.3 25.6%
3 IMF 2) 2,907.0 2)
53 Syria 25.8 2)

4 Italy 2,451.8 66.2% 54 Morocco 22.0 4.2%


5 France 2,435.4 65.7% 55 Nigeria 21.4 1.8%
6 China 1,054.1 1.5% 56 Sri Lanka 15.3 11.1%
7 Switzerland 1,040.1 15.1% 57 Korea 14.4 0.2%
8 Japan 765.2 2.7% 58 Cyprus 13.9 44.7%
9 Russia 726.0 5.7% 59 Bangladesh 2) 13.5 4.6%
10 Netherlands 612.5 55.8% 60 Serbia 13.1 3.8%
11 India 557.7 7.4% 61 Netherlands Antilles 13.1 36.4%
12 ECB 501.4 25.9% 62 Jordan 12.8 3.9%
13 Taiwan 423.6 4.1% 63 Czech Republic 12.7 1.2%
14 Portugal 382.5 79.6% 64 Cambodia 12.4 12.7%
15 Venezuela 363.9 48.5% 65 Qatar 12.4 2.0%
16 Saudi Arabia 322.9 2.7% 66 Mexico 7.8 0.3%
17 United Kingdom 310.3 15.6% 67 Latvia 7.7 4.0%
18 Lebanon 286.8 25.2% 68 El Salvador 7.3 9.9%
19 Spain 281.6 35.9% 69 CEMAC 6) 7.1 2.0%
20 Austria 280.0 54.3% 70 Guatemala 6.9 4.5%
21 Belgium 227.5 33.8% 71 Colombia 6.9 1.0%
22 Philippines 175.9 13.5% 72 Macedonia 6.8 11.9%
23 Algeria 173.6 4.2% 73 Tunisia 6.8 2.6%
24 Libya 143.8 5.1% 74 Ireland 6.0 10.4%
25 Singapore 127.4 2.3% 75 Lithuania 5.8 3.7%
2)
26 Sweden 125.7 8.7% 76 Bahrain 4.7
27 South Africa 124.9 10.9% 77 Mauritius 4.0 6.5%
28 BIS 3) 120.0 2)
78 Tajikistan 3.5 2)

29 Turkey 116.1 5.6% 79 Canada 3.4 0.2%


30 Greece 111.7 76.5% 80 Slovenia 3.2 11.3%
31 Romania 103.7 8.7% 81 Aruba 3.1 14.8%
32 Poland 102.9 4.2% 82 Hungary 3.1 0.3%
33 Thailand 99.5 2.5% 83 Kyrgyz Republic 2.6 6.2%
34 Australia 79.9 7.0% 84 Luxembourg 2.2 10.8%
2)
35 Kuwait 79.0 85 Hong Kong 2.1 0.0%
36 Egypt 75.6 7.7% 86 Iceland 2.0 1.6%
37 Indonesia 73.1 3.5% 87 Papua New Guinea 2.0 2.8%
38 Kazakhstan 70.4 9.5% 88 Suriname 1.9 9.4%
39 Denmark 66.5 3.1% 89 Albania 1.6 2.7%
40 Pakistan 64.4 14.9% 90 Yemen 1.6 1.0%
41 Argentina 54.7 4.0% 91 Cameroon 0.9 1.0%
42 Finland 49.1 18.1% 92 Mongolia 0.9 2.3%
2)
43 Bulgaria 39.9 9.3% 93 Honduras 0.7
44 WAEMU 4) 36.5 11.1% 94 Paraguay 0.7 0.6%
45 Malaysia 36.4 1.4% 95 Dominican Republic 0.6 0.8%
46 Peru 34.7 3.6% 96 Gabon 0.4 0.7%
47 Brazil 33.6 0.5% 97 Malawi 0.4 5.6%
48 Slovakia 31.8 62.8% 98 Mauritania 0.4 6.0%
49 Belarus 30.0 20.0% 99 Central African Rep. 0.3 6.8%
50 Bolivia 28.3 12.6% 100 Chad 0.3 2.7%
WORLD OFFICIAL GOLD HOLDINGS September 2010*
% of
Tonnes reserves**
101 Congo 0.3 0.3%
102 Uruguay 0.3 0.1%
2)
103 Fiji 0.2
104 Estonia 0.2 0.3%
105 Chile 0.2 0.0%
106 Malta 0.2 1.7%
107 Costa Rica 0.1 0.1%
108 Haiti 0.0 0.2%
109 Burundi 0.0 0.4%

2)
World 30,535.6
All Countries 27,113.0 10.1%
Euro Area (incl. ECB) 10,793.4 58.1%
CBGA 1 signatories 7) 12,108.7 42.3%
CBGA 2 signatories 7) 11,927.4 44.4%
CBGA 3 signatories 7) 11,959.2 44.4%

NOTES
* This table was updated in September, 2010 and reports data available at that time. Data are taken from the International
Monetary Fund's International Financial Statistics (IFS), JSeptember 2010 edition, and other sources where applicable. IFS
data are two months in arrears, so holdings are as of July 2010 for most countries, June 2010 or earlier for late reporters.
The table does not list all gold holders: countries which have not reported their gold holdings to the IMF in the last six
months are not included, while other countries are known to hold gold but they do not report their holdings publicly. Where
the WGC knows of movements that are not reported to the IMF or misprints, changes have been made. The countries
showing as having 0.0 tonnes of gold report some gold but less than 0.05 tonnes to the IMF.

**The percentage share held in gold of total foreign reserves, as calculated by the World Gold Council. The value of gold
holdings is calculated using the end-July gold price of $1169.00 per troy ounce (there are 32,151 troy ounces in a metric
tonne). Data for the value of other reserves are taken from IFS, table ‘Total Reserves minus Gold’.

1. Data have been updated to reflect the Bangladesh Bank's off-market purchase of 10 tonnes of gold from the IMF on Sept
7th. Following the transaction, the IMF has 93 tonnes of gold remaining , which is eligible for sale.
2. BIS and IMF balance sheets do not allow this percentage to be calculated. In the case of any countries, up to date data
for other reserves are not available.
3. BIS data are updated each year from the BIS’s annual report to reflect the Bank’s gold investment assets excluding any
gold held in connection with swap operations, under which the Bank exchanges currencies for physical gold. The bank has
an obligation to return the gold at the end of the contract.
4. West African Economic Monetary Union including the central bank.
5. As of May 1. Including gold on inward swap and excluding gold on outward swap.
6. Central African Economic and Monetary Union including the central bank.
7. Signatories to the first Central Bank Gold Agreement of September 1999 were the ECB and other Eurozone central
banks (excluding Greece which was not a Eurozone member in 1999) plus Sweden, Switzerland and the UK. The second
Agreement announced in March 2004 originally had the same signatories with the addition of Greece and the exclusion of
the UK. Slovenia joined the agreement in December 2006, just prior to their adoption of the euro. Cyprus and Malta joined
in January 2008, just following their adoption of the euro. The third Agreement, which commenced in September 2009, had
the same signatories as CBGA 2 with the addition lof Slovakia.

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