29 November 2014

Switzerland Leads In Gold Sales Among Central Banks Since 1993

Although they are still among the top ten in total gold holdings, Switzerland has been one of the largest sellers of gold among official entities since 1993.
It is no surprise then that some of the people of Switzerland have taken to a referendum to provide their opinions on this to the Swiss National Bank.
With regard to the second chart, personally I do not believe that the World Gold Council estimates are correct for China at all, and probably Russia.

Source: Wikipedia, Gold Reserve