Report: Estonia Ties with Chile for Lowest Gold Reserve

Photo: Wikimedia Commons
12/30/2011 10:36 AM
Category: Economy

Estonia has tied with Chile for the title of smallest gold reserve in the latest report by the World Gold Council.

The central bank's 200 kilos of gold put it just behind Malawi, Mauritania and Uruguay. However, other countries not included in the report, such as Costa Rica, Kenya and Oman, have a lower supply or no gold reserve at all, according to IMF data.

In contrast to Estonia's minuscule reserve, its northern neighbor Finland has 49.1 tons of gold, while Latvia's central bank has 7.7 tons.

The countries with the world's largest reserves, according to the report, are the United States, which has 8,134 tons, and Germany, with 3,396 tons.

September saw gold prices reach an 11-year high of 1,923.70 US dollars per ounce.


Steve Roman


The name field cannot be empty
No more than 50 characters
Comment field cannot be empty
No more than 50 characters
Comment field cannot be empty
No more than 1024 characters
{{error}}

Message forwarded to the editor

This Ip-address has limited access

See also

There are no comments yet. Be the first!

Reply to comment

+{{childComment.ReplyToName}}:
Reply to comment
Reply

Lae juurde ({{take2}})
The name field cannot be empty
No more than 50 characters
Comment field cannot be empty
No more than 1024 characters
{{error}}
Add new comment