European central banks remain leaders for gold

Average gold holdings on the continent stand at 10.6 million ounces

European central banks hold higher levels of gold than their peers in other regions.

The average gold holdings of European central banks surveyed in Reserve Benchmarks 2020 stood at 10.6 million ounces (330 tonnes), versus a global average of 5.9 million ounces. The average holding for non-European countries stood at 1.6 million ounces. 

The average value of gold reserves stood at $11.2 billion per institution, using a gold price of $1,900 per troy ounce.

  //

 

This data is taken from C

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: