Commodity Trade Mantra

Posts Tagged ‘Canadian Gold Reserves’

Canada Sells Nearly Half Of All Its Gold Reserves

The latest data shows the total Canadian gold reserves have now dropped to 0.62 tonnes. The amount of gold the Canadian government holds has therefore been falling steadily since the mid-1960s, when over 1,000 tonnes were kept tucked away. Half of those reserves were sold by 1985, then through the 1990s & by last year, Canada’s gold reserves were down to just three tonnes.

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