GineersNow Engineering Magazine November 2016 Issue No 009

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WHICH COUNTRIES HAVE T LARGEST GOLD RESERVES? Photo by Mining 32 NOVEMBER 2016 Mining Engineering and Its Importance
HE “Who owns most of the world’s gold?” When this question was asked by the people behind Karus Chains, which obviously uses so much gold that asking where most of the gold comes from matters so much to them, it only opened to more questions about our resources of gold. Should it be a question of which countries mine the most gold and not just who, as if a person? Or a question of which countries buy the precious metal? Maybe of the export and imports of gold? But when the company who offer high quality silver and gold chains for men got to their senses, they found the perfect question: which countries have the largest gold reserves? And so they also found the best answer. With data coming from International Financial Statistics 2016, Karus Chains detailed a map to that will determine which nations hold the most gold reserves. In the map, one can find 20 countries, which hold 88% of the total gold reserves, with their corresponding share in the world’s gold. Check the map: NOVEMBER 2016 Mining Engineering and Its Importance 33
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GineersNow Engineering Magazine November 2016 Issue No 009

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