Since 2011, The United States exported the majority of its gold to only four countries. In the past five years, the U. S. exported a total of 1,961 metric tons (mt) of gold to these four countries which accounted for 68% of the total 2,876 mt.
As we can see in the chart, the top four received 1,961 mt or 63 million oz (Moz), of the total 2,876 mt (92.4 Moz). That’s a lot of gold. How much gold is this? Well, if we go by the official estimates of Central Bank gold reserves, it’s quite a lot:
This post was published at SRSrocco Report on March 25, 2016.