The G20 countries increased their gold reserves by a total of 213 tons last year.
In 2023, the most, 224 tons of gold, was purchased by China, whose supply increased to 2236 tons; Australia’s supply increased to 77.5 tons; India’s gold reserves increased to 804 tons; Russia’s supply increased to 2,351 tons; Mexico’s gold reserves were upped to 121 tons; and France’s gold reserves increased to 2,437 tons.
It is also noteworthy that only two large economies – Turkey and Germany – reduced their reserves.
By Mariam Mtivlishvili
