Gold as a part of foreign exchange reserves reached 40.3 USD bil in 2013 in Switzerland, 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 Switzerland reached an all time high of 55.6 USD bil in 2012 and an all time low of 2.22 USD bil in 1960. When compared to Switzerland's main peers, gold as a part of foreign exchange reserves in Austria amounted to 10.8 USD bil, 94.3 USD bil in France, 131 USD bil in Germany and 94.9 USD bil in Italy in 2013.
Switzerland has been ranked 6th 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.