Second, central banks hold large gold reserves. For example, the New York Federal Reserve Vault holds over 6,000 tons of gold — over 3% of all the gold in the world and more than a third more than ...
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The gold reserves are worth 600 billion yuan, according to Reuters, which amounts to $83 billion U.S. The discovery was made by geologists with the Hunan Provincial Geological Institute about 12 ...
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China believes it has found the world's biggest gold deposit, with reserves estimated to be worth more than $80 billion. Chinese state media said that a gold ore deposit site with supposed ...
BEIJING: China has discovered gold reserves worth 600 billion yuan ($82.9 billion) in the central Hunan province, according to state media outlet Xinhua. China holds the world’s largest gold ...
Officials believe that there are more than 1,000 tons of gold reserves at a depth of over 3,000 meters in the area. Ore-prospecting experts with the Geological Bureau of Hunan Province said many ...
China has unveiled the discovery of the world’s largest gold reserve, located beneath the Wangu gold field in Pingjiang County, Hunan Province. This “supergiant gold deposit” contains over 1,000 tons ...