Gold as a part of foreign exchange reserves reached 12.0 USD bil in 2013 in United Kingdom, 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 United Kingdom reached an all time high of 16.6 USD bil in 2012 and an all time low of 0.968 USD bil in 1971. When compared to United Kingdom's main peers, gold as a part of foreign exchange reserves in Belgium amounted to 8.81 USD bil, 94.3 USD bil in France, 131 USD bil in Germany and 0.232 USD bil in Ireland in 2013.
United Kingdom has been ranked 15th within the group of 110 countries we follow in terms of gold as a part of foreign exchange reserves, 1 places above the position seen 10 years ago.
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.