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World Gold Council

A central banker’s guide to gold as a reserve asset

A central banker’s guide to gold as a reserve asset

International reserves are generally, but not universally, owned and managed by central banks. In a few instances, reserves are owned or managed by the Ministry of Finance or Treasury Department. According to IMF reporting standards, international reserves must be held in convertible currencies or in gold,2 so they can be ...

World Gold Council 

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