Gold reserves refers to the amount of gold that a country or organization owns and holds. It acts as a financial asset and is seen as a form of wealth or security that can be used in times of economic uncertainty or to support a country's currency.
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- There have been few occasions where government has been criticized for keeping hold of gold reserves. (goldsilverworlds.com)
- To check, we relate recent quarterly estimates of central bank gold reserves and quarterly spot gold price, noting that there is roughly a one quarter delay in availability of the former. (cxoadvisory.com)
- Furthermore, no one with any sense believes their «officially» reported reserve numbers, especially since I had been blogging for years that their official gold reserve data was nonsense. (smartknowledgeu.com)
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