1. United States 8,134 | 2. Germany 3,395.5 | 3. IMF International Monetary Fund 2,814 | 4. Italy 2,451.8 | 5. France 2,435.5 | Source: World Gold Council
Some banks are supposedly "too big to fail." The G20-affiliated Financial Stability Board (FSB) publishes a list annually which aims to identify these banks. This year's list puts several American banks at the top.
Germany's central bank has completed an initiative to bring half of the country's gold reserves home three years ahead of schedule, as it repatriated all of its gold kept in Paris and a third of its reserves in the US.
The International Monetary Fund has said it believes in an even broader economic upswing globally in the years ahead. The lender's latest revision of its quarterly growth outlook also bodes well for the eurozone.
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