Which country has the largest gold reserves? Hint: It’s not India or China

Ok, so central banks might not be collecting little gold hearts, but many of them are certainly feeling the love for the shiny metal.

Even though gold suffered its worst price fall in 30 years in 2013, dropping 28% to $1,200-$1,250 a troy ounce,the yellow metal continues to hold a firm place among the reserves of several leading central banks.

Click on this link to see which central banks hold the largest gold reserve holdings in their kitty.

When considering how much gold accounts for as a percentage of total foreign exchange reserves, the data looks even more surprising. Click here for more.

The data is from the World Gold Council as of January 2014.

[Image Credit]


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