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Total World Gold Demand

Total world gold demand as big as 6% in the third quarter from a year earlier to 1,053.9 tonnes. This calculation to roughly $57.7 billion — an all-time high in values term. Investment was the large driver for increased gold demand, while jewelry demand was soft.24/7 Wall St. reviewed the top 13 nations that hold the lion’s share of the world’s gold reserves, according to the World Gold Council’s International Financial Statistics. 

Many countries will have new gold reserve data in 2012. And some of the data remained unchanged from prior months. Our aim here is to show which nations are probably increasing or lowering their gold reserves into 2012 and why.