The quantity of gold held by the
top 10 central banks, including the International Monetary
Fund (IMF), is estimated to be in excess of 25,000 tons, which makes them the third - largest investor in the
precious metal following retail investments in jewellery and bars / coins.
Though the gold sector itself slipped in the overall rankings, two gold
funds continued to hold onto their
top - six overall ranking for five - year performance: Tocqueville Gold (TGLDX) and USAA
Precious Metals & Minerals (USAGX).