Gold as a part of foreign exchange reserves reached 94.3 USD bil in 2013 in France, according to the National Statistical Office. This is 27.6 % less than in the previous year.
Historically, gold as a part of foreign exchange reserves in France reached an all time high of 130 USD bil in 2012 and an all time low of 1.67 USD bil in 1960. When compared to France's main peers, gold as a part of foreign exchange reserves in Belgium amounted to 8.81 USD bil, 131 USD bil in Germany, 94.9 USD bil in Italy and 10.9 USD bil in Spain in 2013.
France has been ranked 4th within the group of 110 countries we follow in terms of gold as a part of foreign exchange reserves.
A gold reserve is the gold held by a central bank or nation intended as a store of value and as a guarantee to redeem promises to pay depositors, note holders, or trading peers, or to secure a currency.