ISTANBUL — Turkey has regressed to 13th place among countries which have the biggest gold reserves in the world with a reserve of 483.5 tons.
Turkey had ranked 12th in the previous report. According to data published by World Gold Council (WGC), as of March, the U.S. ranks the first with a gold reserve of 8,133.5 tons while Germany is the second with 3,386.4 tons and IMF ranks the third with 2,814. tons.
The top 20 countries with the biggest gold reserves were listed as the U.S., Germany, IMF (International Monetary Fund), Italy, France, China, Russia, Switzerland, Japan, Netherlands, India, ECB (European Central Bank) , Turkey, Taiwan, Portugal, Venezuela, Saudi Arabia, England, Lebanon and Spain.
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