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

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Gold Reserves in The Arab States

According to Forbes magazine, that is owned by the Arab countries all stocks of gold reached 1174 tons in 2012, equivalent to 3.8% of the world's reserves of the metal, according to latest statistics issued by the World Gold Council this year.

Saudi Gold Reserves

Morocco came in eighth place and the Arab world, including 56 of 22.00 tons of gold reserves, including rate of 5.60% of the Central Bank's reserves of gold in Arab countries, with Saudi Arabia was biggest gold reserves ranked first among Arab countries and 16 worldwide to 322.90 tons of Gold reserves. The tail of the Arab order, Mauritania has occupied 0.40% of the internal reserves of gold.

Gold Reserves

It is noteworthy that the American Journal monthly Forbes. Forbes is the most famous magazines worldwide, as concerned in the first degree count of wealth and control the growth of financial institutions and companies around the world each year to monitor and count balances rich, in the lists of the most famous list of 100 people, the richest in the world. The magazine also published the Arabic version under the name "Forbes Middle East" is published in the Middle East and North Africa, Dr. Nasser Al-Tayyar by Dar Al-Arabi Publisher.

Gold Reserves By Country

Order of ten Arab countries as the first gold reserves in tons:

1. Saudi Arabia (ranked 16 globally to 322.90 tons of Gold reserves)
2. Lebanon (ranked 18th in the world to 286.80 tons of reserves)
3. Algeria (ranked 22nd globally to 173.60 tons of reserves)
4. Libya (ranked 24th globally by 143.80 tons of reserves)
5. Kuwait (ranked 36 globally by 79.00 tons of reserves)
6. Egypt (37th place globally with 75.60 tons of reserves)
7. Syria (ranked 55 globally by 25.80 tons of reserves)
8. Morocco (ranked 56 globally by 22.00 tons of reserves)
9. Jordan (ranked 61 globally by 12.80 tons of reserves)
10. Qatar (ranked 64 globally by 12.40 tons of reserves)

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