GOLD STORED in Federal Reserve bank and all central banks allover the world

Hello hassaan1803,

According to the World Gold Council, gold holdings worldwide were
31,067.5 tons in September 2005.

United States gold holdings were  8,133.5  tons in September 2005.

WORLD OFFICIAL GOLD HOLDINGS (September* 2005)

Click on the link below to view the monthly table of official holdings
of gold throughout the world.
September 2005
http://www.usagold.com/reference/official-gold-2005.pdf


Search terms used: 
Gold  in Federal Reserve Bank  + tons
Gold Central Banks worldwide + tons

I hope the information provided is helpful!

Best regards,
Bobbie7

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Request for Answer Clarification by hassaan1803-ga on 06 Nov 2005 15:40 PST

I am not satisfied with this answer. I need more researches showing
the Gold reserves in all mines allover the world and their location
(Same like oil in the world).So please do more researches to identify
all the gold mines and the quantities in each mine allover the world.

Second, I read in the newspapers that around 70% 0f the holding gold
belonging to the national central banks of all countries in the world
are kept in the Fed Reserve bank in US. Please clarify this issue

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Clarification of Answer by bobbie7-ga on 06 Nov 2005 16:16 PST

Dear Hassaan1803,

I am sorry that you are unhappy with my answer.

Your original question asked for "GOLD STORED in Federal Reserve bank
and all central banks all over the world."

I answered your original question as asked.

According to the World Gold Council, gold holdings worldwide were
31,067.5 tons in September 2005.

United States gold holdings were  8,133.5  tons in September 2005.

WORLD OFFICIAL GOLD HOLDINGS (September* 2005)

PLease go to the following link to view the official holdings of gold 
by COUNTRY throughout the world.
http://www.usagold.com/reference/official-gold-2005.pdf

This is a large list. For copyright reasons I cannot paste the
information here; however I am providing a direct  link to this list.
http://www.usagold.com/reference/official-gold-2005.pdf


"The United States' gold reserves, which are held by the Federal
Reserve Bank, consist of some 8139 tonnes."
http://www.onlygold.com/Articles/ayr_2005/Fun_With_Gold_Numbers.asp


In your clarification you are now asking three additional questions.

You want to know:

"the Gold reserves in all mines all over the world and their location" 

"all the gold mines and the quantities in each mine all over the world."

"I read in the newspapers that around 70% 0f the holding gold
belonging to the national central banks of all countries in the world
are kept in the Fed Reserve bank in US. Please clarify this issue."

Your clarification questions are significantly outside the scope of
the original posted question; I would suggest that you  post another
question on Google Answers requesting this information.

If my research has been unable to meet your demands, please feel free
to request a refund at this page:
https://answers.google.com/answers/main?cmd=refundrequest

Best regards,
Bobbie7

My main question was about the gold quantities allover the world. The
answer was poor and very limited only for the gold amount in the
central banks and Fed Reserve while ignoring all other quantities in
mines as it constitutes the gold world reserves.

You should also check the research by GATA
(http://www.gata.org/essays.html). As the IMF accounting guidelines
encourage the central banks to include in their gold reserves also
gold swaps and other derivatives, it is logic to conclude that an
important portion has left the vaults and will never be replaced,
since most of these contracts allow for cash settlement. In fact,
these derivatives usually imply the lending of physical gold to the
bullion banks, which sell it on the market betting the price will
decline. During the last years though, the price increased
substantially and if the bullion banks were to buy back the gold to
honour their contracts with the lenders, the price would increase even
more, aggravating their losses. Hence, cash settlement is the
preferred settlement method.
From the latest analysis it is fair to assume that the world gold
reserves are overstated by 15,000 to 18,000 tonnes.