The volume of gold reserves held by central banks of G20 countries increased by 213 tons in 2023, RIA Novosti reports.
Of the total volume, Russia's reserves increased by 16 tons, to 2,351 tons.
China was in the first place in terms of purchases of gold to its reserves which stood at 224 tons. Currently, China's gold reserves amount to 2,236 tons. Australia acquired 21 tons of precious metal in 2023, increasing reserves to 77.5 tons. India's reserves increased by 17 tons to 804 tons. Mexico replenished its reserves by 1 ton, to 121 tons of gold. France acquired 0.3 tons of gold for its reserves, increasing the total amount to 2,347 tons.
At the same time, Turkey and Germany sold gold from reserves last year. They decreased by 60 tons to 726,5 tons and by 2.5 tons to 3,356 tons, respectively.
A number of countries have kept their gold reserves intact in 2023. In particular, the US gold reserves was flat at 8,133 tons, Italy stood at 2,452 tons, Japan - 846 tons, Great Britain - 310 tons.
Canada does not have gold reserves in its central bank.
Alex Shishlo for Rough&Polished
