11 Largest Gold Reserves by Country 2012

Welcome in Gold Reserves by Country 2012 Post, first, Why Gold is important to us?

Why Gold Is Important

Gold is considered precious metal is extracted from the earth, and the advantage of chemical and physical characteristics made ​​him a unique and valuable minerals essential to the various daily uses in our modern life.
And require thousands of electrical appliances used daily use of gold to achieve the effective functioning of the long period of time, Vmaden gold is one of the metal recyclable, and the advantage not to be affected to a large extent with water, air, oxygen, and it does not lose its luster and rust or erode.

These unique characteristics have made gold a vital component of medical equipment, industrial and electrical appliances in general.
It's seen as the first element defined rights; The reason for this is that it is an inert element does not react easily with other elements; to that found in pure nature without having to be drawn.

Gold is the reference price, which is measured by the different international currencies; and gives value to these coins; and saves on the board of alloys

Gold is considered a safe investment option and the safe haven of the fluctuations and crises in global financial markets, so we find that many developed countries on top of the countries that have Largest Gold Reserves

Gold Reserves by Country

Eleven countries control more than 80% of the world's gold reserves. Here's 11 Largest Gold Reserves by Country in 2012 Gold Reserve Value ($BIL)

1 United States is The Biggest Gold Reserves in The World. $422.47 Billions
2 Germany $176.65
3 Italy $127.35
4 France $126.50
5 China $54.75
6 Switzerland $54.02
7 Russia $40.96
8 Japan $39.75
9 Netherlands $31.81
10 India $28.97
11 Portugal $19.87

Gold Reserves by Country 2012

Saudi Gold Reserves