Gold Moving West to East.
Switzerland has some of the world’s largest gold refineries and acts as the hub for gold moving from west to east.
Here are some charts showing the west to east trend of gold.
Switzerland imports gold from western nations:
Swiss Gold Imports – May 2015
The bulk of Swiss gold imports come from western nations.
and exports gold to eastern nations:
Swiss Gold Exports – May 2015
Swiss gold exports head mostly to eastern nations
Eastern Nation Gold Reseves as a Percentage of World Gold Reserves
Asian gold reserves have risen sharply and steadily.* Gold reserves held by eastern nations have more than doubled since 2000.
Follow Gold’s Journey From East to West:
Gold Moves West to East Part 1
Gold Moves West to East Part 2
Gold’s Journey From West to East Part 3
*includes Chinese gold reserves through 2009.
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All charts courtesy of Nick Laird.
Further Reading:
The Case of China’s Missing Gold*
The Importance of Gold To Nations and Individuals
Gold Reserves by Country – Top Twenty
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