Global demand for gold up to 6%

Global demand for gold up to 6% in the 3 quarter of the year, mainly due to an increased demand from investors looking to park their funds in safe heavens in the wake of the global economic uncertainties, according to a new report by the World Gold Council. The demand for gold in the quarter increase up to 1,053.9 metric tons compared to 991.1 tons in the same period of 2010, said World Gold Council in its latest Gold Demand Trends report. The investment demand rose in the third quarter to 468.1 tons, or $25.6 billion.

Country Gold Reserves

Country gold reserves the largest in the world there are 10 Country gold reserves.Gold is very important to the economics of the world because of the currency throughout the world refers to the value of gold.countries in the world who has the biggest gold reserves there are only 10 countries.  

The following is a list of 10 Country Gold Reserves : 

1) United States (8,133.5 tonnes)
2) Germany (3,401.8 tonnes)
3) Italy (2,451.8 tonnes)
4) France (2,435.4 tonnes)
5) China (1,054.1 tonnes)
6) Switzerland (1,040.1 tonnes)
7) Russia (851.5 tonnes)
8) Japan (765.2 tonnes)
9) The Netherlands (612.5 tonnes)
10) India (557.7 tonnes)