Central bank reveals location of Sweden's gold
By GCRU Gold News on Tuesday, October 29 2013, 08:40 - Permalink
Information on the whereabouts of the Swedish Riksbank's gold reserves, which weigh in at 125.7 tonnes and are roughly equivalent to 10,000 gold bars, was revealed on Tuesday after discussions with the central banks of four countries around the world.
The gold is stored mostly in the Bank of England, where 61.4 tonnes of it is kept, amounting to 48.8 percent of the total. The next biggest storage is in the Bank of Canada, where 33.2 tonnes or 26.4 percent is kept, followed by the Federal Reserve Bank of New York with 13.2 tonnes, or 10.5 percent.
The Swiss National Bank, meanwhile, keeps 2.8 tonnes or 2.2 percent, and 15.1 tonnes of the gold are kept on home soil at the Riksbank, an amount corresponding to 12 percent of the total 125 tonnes.