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Gold reserve

Index Gold reserve

A gold reserve was the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency. [1]

57 relations: Audit, Bangladesh Bank, Bank of England, Bank of Mauritius, Bank of Spain, Banknote, Black Friday (1869), British Armed Forces, Central bank, Chief of the General Staff (United Kingdom), Currency, Dakar, Deposit account, European Central Bank, Federal Reserve Bank of New York, Foreign and Commonwealth Office, Foreign-exchange reserves, French colonial empire, Gold, Gold as an investment, Gold holdings of Norway, Gold leasing, Gold repatriation, Gold Reserve (company), Gold reserves of the United Kingdom, Gold standard, HM Treasury, India, International Monetary Fund, List of countries by gold production, Moscow gold, National Bank of Belgium, Peak gold, Reichsbank, Richard Nixon, Romania, Romanian Treasure, Russia, Secret Intelligence Service, Senegal, Silver as an investment, Soviet Union, Spanish Civil War, Special drawing rights, Sri Lanka, Store of value, Strategic Petroleum Reserve (United States), The National Archives (United Kingdom), Tonne, Troy weight, ..., United States Bullion Depository, United States dollar, Vaulted gold, Vichy France, World Gold Council, World War I, World War II. Expand index (7 more) »

Audit

An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern.

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Bangladesh Bank

Bangladesh Bank (বাংলাদেশ ব্যাংক) is the central bank of Bangladesh and is a member of the Asian Clearing Union.

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Bank of England

The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom of Great Britain and Northern Ireland and the model on which most modern central banks have been based.

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Bank of Mauritius

The Bank of Mauritius is the central bank of the Republic of Mauritius.

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Bank of Spain

The Bank of Spain (Banco de España), is the central bank of Spain.

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Banknote

A banknote (often known as a bill, paper money, or simply a note) is a type of negotiable promissory note, made by a bank, payable to the bearer on demand.

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Black Friday (1869)

The Black Friday, September 24, 1869, gold panic was caused by the efforts of two speculators, Jay Gould and his partner James Fisk, (AKA The Gold Ring) to corner the gold market on the New York Gold Exchange.

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British Armed Forces

The British Armed Forces, also known as Her/His Majesty's Armed Forces, are the military services responsible for the defence of the United Kingdom, its overseas territories and the Crown dependencies.

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Central bank

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.

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Chief of the General Staff (United Kingdom)

Chief of the General Staff (CGS) has been the title of the professional head of the British Army since 1964.

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Currency

A currency (from curraunt, "in circulation", from currens, -entis), in the most specific use of the word, refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.

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Dakar

Dakar is the capital and largest city of Senegal.

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Deposit account

A deposit account is a savings account, current account or any other type of bank account that allows money to be deposited and withdrawn by the account holder.

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European Central Bank

The European Central Bank (ECB) is the central bank for the euro and administers monetary policy of the euro area, which consists of 19 EU member states and is one of the largest currency areas in the world.

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Federal Reserve Bank of New York

The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States.

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Foreign and Commonwealth Office

The Foreign and Commonwealth Office (FCO), commonly called the Foreign Office, is a department of the Government of the United Kingdom.

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Foreign-exchange reserves

Foreign-exchange reserves (also called forex reserves or FX reserves) is money or other assets held by a central bank or other monetary authority so that it can pay if need be its liabilities, such as the currency issued by the central bank, as well as the various bank reserves deposited with the central bank by the government and other financial institutions.

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French colonial empire

The French colonial empire constituted the overseas colonies, protectorates and mandate territories that came under French rule from the 16th century onward.

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Gold

Gold is a chemical element with symbol Au (from aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally.

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Gold as an investment

Of all the precious metals, gold is the most popular as an investment.

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Gold holdings of Norway

The gold holdings of Norway also known as "gold reserves" (Norwegian Bokmål: Norges gullbeholdning or Norges gullreserver) are the physical quantity of gold owned of the Kingdom of Norway.

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Gold leasing

Gold leasing is a practice whereby central banks and other financial institutions lend gold out on an unsecured basis.

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Gold repatriation

Gold repatriation refers to plans of various governments to bring home their gold stored outside the home country.

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Gold Reserve (company)

Gold Reserve Inc. is a gold mining company with operations and mining property in Bolivar State, Venezuela.

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Gold reserves of the United Kingdom

The gold reserve of the United Kingdom is the amount of gold kept by Bank of England as a store of value of part of the United Kingdom's wealth.

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Gold standard

A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.

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HM Treasury

Her Majesty's Treasury (HM Treasury), sometimes referred to as the Exchequer, or more informally the Treasury, is the British government department responsible for developing and executing the government's public finance policy and economic policy.

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India

India (IAST), also called the Republic of India (IAST), is a country in South Asia.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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List of countries by gold production

This is a list of countries by gold production in 2016.

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Moscow gold

The Moscow Gold (Oro de Moscú), or alternatively Gold of the Republic (Oro de la República), was 510 tonnes of gold, corresponding to 72.6% of the total gold reserves of the Bank of Spain, that were transferred from their original location in Madrid to the Soviet Union a few months after the outbreak of the Spanish Civil War.

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National Bank of Belgium

The National Bank of Belgium (NBB; Nationale Bank van België, Banque nationale de Belgique, Belgische Nationalbank) has been the central bank of Belgium since 1850.

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Peak gold

Peak gold is the date at which the maximum rate of global gold extraction is reached.

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Reichsbank

The was the central bank of Germany from 1876 until 1945.

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Richard Nixon

Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was an American politician who served as the 37th President of the United States, serving from 1969 until 1974, when he resigned from office, the only U.S. president to do so.

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Romania

Romania (România) is a sovereign state located at the crossroads of Central, Eastern, and Southeastern Europe.

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Romanian Treasure

The Romanian Treasure is a collection of valuable objects and the gold reserves (~120 tonnes) of the Romanian government sent to Russia for safekeeping during World War I. Only part of the objects, and none of the gold reserves have been returned.

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Russia

Russia (rɐˈsʲijə), officially the Russian Federation (p), is a country in Eurasia. At, Russia is the largest country in the world by area, covering more than one-eighth of the Earth's inhabited land area, and the ninth most populous, with over 144 million people as of December 2017, excluding Crimea. About 77% of the population live in the western, European part of the country. Russia's capital Moscow is one of the largest cities in the world; other major cities include Saint Petersburg, Novosibirsk, Yekaterinburg and Nizhny Novgorod. Extending across the entirety of Northern Asia and much of Eastern Europe, Russia spans eleven time zones and incorporates a wide range of environments and landforms. From northwest to southeast, Russia shares land borders with Norway, Finland, Estonia, Latvia, Lithuania and Poland (both with Kaliningrad Oblast), Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia and North Korea. It shares maritime borders with Japan by the Sea of Okhotsk and the U.S. state of Alaska across the Bering Strait. The East Slavs emerged as a recognizable group in Europe between the 3rd and 8th centuries AD. Founded and ruled by a Varangian warrior elite and their descendants, the medieval state of Rus arose in the 9th century. In 988 it adopted Orthodox Christianity from the Byzantine Empire, beginning the synthesis of Byzantine and Slavic cultures that defined Russian culture for the next millennium. Rus' ultimately disintegrated into a number of smaller states; most of the Rus' lands were overrun by the Mongol invasion and became tributaries of the nomadic Golden Horde in the 13th century. The Grand Duchy of Moscow gradually reunified the surrounding Russian principalities, achieved independence from the Golden Horde. By the 18th century, the nation had greatly expanded through conquest, annexation, and exploration to become the Russian Empire, which was the third largest empire in history, stretching from Poland on the west to Alaska on the east. Following the Russian Revolution, the Russian Soviet Federative Socialist Republic became the largest and leading constituent of the Union of Soviet Socialist Republics, the world's first constitutionally socialist state. The Soviet Union played a decisive role in the Allied victory in World War II, and emerged as a recognized superpower and rival to the United States during the Cold War. The Soviet era saw some of the most significant technological achievements of the 20th century, including the world's first human-made satellite and the launching of the first humans in space. By the end of 1990, the Soviet Union had the world's second largest economy, largest standing military in the world and the largest stockpile of weapons of mass destruction. Following the dissolution of the Soviet Union in 1991, twelve independent republics emerged from the USSR: Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan, Armenia, Azerbaijan, Georgia, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan and the Baltic states regained independence: Estonia, Latvia, Lithuania; the Russian SFSR reconstituted itself as the Russian Federation and is recognized as the continuing legal personality and a successor of the Soviet Union. It is governed as a federal semi-presidential republic. The Russian economy ranks as the twelfth largest by nominal GDP and sixth largest by purchasing power parity in 2015. Russia's extensive mineral and energy resources are the largest such reserves in the world, making it one of the leading producers of oil and natural gas globally. The country is one of the five recognized nuclear weapons states and possesses the largest stockpile of weapons of mass destruction. Russia is a great power as well as a regional power and has been characterised as a potential superpower. It is a permanent member of the United Nations Security Council and an active global partner of ASEAN, as well as a member of the G20, the Shanghai Cooperation Organisation (SCO), the Council of Europe, the Asia-Pacific Economic Cooperation (APEC), the Organization for Security and Co-operation in Europe (OSCE), and the World Trade Organization (WTO), as well as being the leading member of the Commonwealth of Independent States (CIS), the Collective Security Treaty Organization (CSTO) and one of the five members of the Eurasian Economic Union (EEU), along with Armenia, Belarus, Kazakhstan and Kyrgyzstan.

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Secret Intelligence Service

The Secret Intelligence Service (SIS), commonly known as MI6, is the foreign intelligence service of the government of the United Kingdom, tasked mainly with the covert overseas collection and analysis of human intelligence (HUMINT) in support of the UK's national security.

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Senegal

Senegal (Sénégal), officially the Republic of Senegal, is a country in West Africa.

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Silver as an investment

Silver may be used as an investment like other precious metals.

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Soviet Union

The Soviet Union, officially the Union of Soviet Socialist Republics (USSR) was a socialist state in Eurasia that existed from 1922 to 1991.

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Spanish Civil War

The Spanish Civil War (Guerra Civil Española),Also known as The Crusade (La Cruzada) among Nationalists, the Fourth Carlist War (Cuarta Guerra Carlista) among Carlists, and The Rebellion (La Rebelión) or Uprising (Sublevación) among Republicans.

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Special drawing rights

Special drawing rights (ISO 4217 currency code XDR, also abbreviated SDR) are supplementary foreign-exchange reserve assets defined and maintained by the International Monetary Fund (IMF).

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Sri Lanka

Sri Lanka (Sinhala: ශ්‍රී ලංකා; Tamil: இலங்கை Ilaṅkai), officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia, located in the Indian Ocean to the southwest of the Bay of Bengal and to the southeast of the Arabian Sea.

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Store of value

A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved.

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Strategic Petroleum Reserve (United States)

The Strategic Petroleum Reserve (SPR) is an emergency fuel storage of petroleum maintained underground in Louisiana and Texas by the United States Department of Energy (DOE).

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The National Archives (United Kingdom)

The National Archives (TNA) is a non-ministerial government department.

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Tonne

The tonne (Non-SI unit, symbol: t), commonly referred to as the metric ton in the United States, is a non-SI metric unit of mass equal to 1,000 kilograms;.

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Troy weight

Troy weight is a system of units of mass customarily used for precious metals and gemstones.

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United States Bullion Depository

The United States Bullion Depository, often known as Fort Knox, is a fortified vault building located within the United States Army post of Fort Knox, Kentucky.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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Vaulted gold

Vaulted gold denotes gold bullion, which is stored in professional bank vaults.

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Vichy France

Vichy France (Régime de Vichy) is the common name of the French State (État français) headed by Marshal Philippe Pétain during World War II.

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World Gold Council

The World Gold Council is the market development organisation for the gold industry.

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World War I

World War I (often abbreviated as WWI or WW1), also known as the First World War, the Great War, or the War to End All Wars, was a global war originating in Europe that lasted from 28 July 1914 to 11 November 1918.

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World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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Gold Reserve, Gold Reserve Inc, Gold Reserve Inc., Gold reserves, International Monetary Fund gold reserve, Official gold reserves.

References

[1] https://en.wikipedia.org/wiki/Gold_reserve

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