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Check out these 10 countries with the largest gold reserves in the world! This top 10 list features some of the richest and wealthiest countries on earth that have tons of gold bars stacked up somewhere! Subscribe For New Videos! http://goo.gl/UIzLeB Watch our "SURPRISING And Interesting Facts About Money!" video here: https://youtu.be/ONpChSPqVc4 Watch our "Most AMAZING Discoveries With A Metal Detector!" video here: https://youtu.be/45JveYKafVo Watch our "Most EXPENSIVE Diamonds In The World!" video here: https://youtu.be/RcZATf3Lmb0 10.) India According to the World Gold Council, the Bank of India currently holds 557.7 tons of gold. It is one of the largest stores of gold in the world! This makes up 9.9 % of the country’s total foreign reserve. Foreign exchange reserves is money or other assets held by a nation’s central bank so they can back the national currency. India, home to 1.25 billion people, is the number one largest consumer of the precious metal. Furthermore, India is one of the most reliable drivers of global demand. For example, India’s festival and wedding season, which runs from October to December, has historically been a major market for gold. And probably, one of the most interesting facts about India and gold is that India rarely invests much in gold. This is because as a country, India operates under the belief that buying gold leads to a deficit. And their belief must be proving right as things also seem to be improving for India. For instance, if you look at the last few years, India has increased its gold reserves from 557.74 to 557.77. While this might not seem like a lot, India is also at its highest point in history! In addition to what the country holds, Indian households which are considered the world’s largest hoarders of gold, hold a record 23,000-24,000 tons, which is worth about $800 billion. 9.) Netherlands In the past few years, the Netherlands has held 52% of its foreign reserve in gold. The Netherlands has a reported 612.45 tons. In 2016 it was reported that the bank was looking for a place to store all its gold because they were going to renovate the vaults and needed to moving it. The Dutch central bank is planning to move the country’s gold reserves from the center of Amsterdam to a new complex called the Cash Center. Like most countries, Dutch gold is also held in banks around the world to reduce risk. Security measures to guard the gold 24/7 have become a problem in Amsterdam. 189,000 kilos of gold will be moved at the beginning of 2022. Maybe this is one reason that over the last decade and a half, the Netherlands was selling off tons of gold in order to reduce its reserve. However, there weren’t that many buyers out there and they sold less than the country wanted. More recently the country has had less ambition to sell gold. Currently, the country holds the same amount of tons, 612.45 that they have over the last few years. However, the country has increased its percentage of foreign reserves to 61.2 %. 8.) Japan Japan is another country which had been increasing its gold reserves since the 1960’s. Their official gold holdings were reported at 765.2 tons. About 2.4% of Japan’s gold today is in foreign reserve. Historically, Japan has always held a bit more gold than other countries. This was true until 2011, when they began to sell some of their reserve in order to pump money into the economy after the tsunami and the following Fukushima nuclear disaster. But even with selling, Japan’s central bank has been one of the most aggressive practitioners of quantitative easing. For example, in January of 2016, it lowered interest rates below zero, which has helped fuel demand in gold around the world. 7.) Switzerland Prior to 1997, Switzerland was steadily building its gold reserves. In 1997, the decision was made to sell some of those reserves to bolster the Swiss currency and diversify the foreign reserves. The percent of foreign reserves in Switzerland is currently 6.7 %. Switzerland actually has the world’s largest reserves of gold per capita and currently has reported 1,040 tons. Over time, many citizens in the country started to feel like the bank was getting rid of too much gold. They then banded together with the “Save the Swiss” movement. However, once everyone was able to vote in 2014, the vote came to a no, and gold continued to be sold. During World War II, Switzerland became the center of the gold trade in Europe, making transactions with both the Allies and Axis powers. Today, much of its gold trading is done with Hong Kong and China. Around last year, the Swiss National Bank made a $5.9 billion profit, reportedly from its gold holdings. Origins Explained is the place to be to find all the answers to your questions, from mysterious events and unsolved mysteries to everything there is to know about the world and its amazing animals!

Follow me on instagram: https://www.instagram.com/nile.red ------------------------------------------- Follow-up video on NileBlue (my second channel): https://youtu.be/NuYDQtev1bE A few months ago, one of my patrons sent me a bunch of old gold jewelry for me to refine. I originally thought that it was going to just be some gold plated stuff, but it turned out to be quite a bit of gold. I was able to purify out all of the gold and then melt them down into some small 24K pure gold bars. Procedure references: • Paint can idea: https://youtu.be/2bTesd75Wic • indeedItdoes: https://youtu.be/1gjJNZtrUHo • CodysLab: https://www.youtube.com/user/theCodyReeder (Both the main procedure and the silver • recovery. I can't find the video where he recovered the silver from the chloride though.) Nile talks about lab safety: https://youtu.be/ftACSEJ6DZA ------------------------------------------- • NileRed Store: https://bit.ly/3BHx06i • Patreon: https://www.patreon.com/nilered • Youtube Membership: https://bit.ly/3zQX7Xm • NileRed Newsletter: https://nile.red/home#newsletter ------------------------------------------- • Discord: https://discord.gg/3BT6UHf • Facebook: https://www.facebook.com/NileRed2 • Snapchat: https://bit.ly/3ieuf5e • TikTok: https://www.tiktok.com/@nilered • Twitter: https://twitter.com/NileRed2 ------------------------------------------- Music in credits (Walker by SORRYSINES): https://soundcloud.com/sorrysines/walker -------------------------------------------

Here are 12 simple ways to spot counterfeit jewelry. You can check your jewelry at home or even use some of these methods right there in the store before you hand over your hard-earned cash! TIMESTAMPS: Hallmark/Trademark1:33 A magnet 3:15 Damages 3:52 Chalk 4:50 Iodine 5:00 Vinegar 5:14 Sulfur ointment 5:50 Ammonia 6:17 Diamond 6:43 Emerald 7:28 Pearl 8:36 Amber 9:08 #fakejewelry #fakediamond #realdiamond Preview photo credit: Hallmark of gold samples in the USSR: By Star61 - Own work, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0, https://commons.wikimedia.org/w/index.php?curid=57180426 Animation is created by Bright Side. Music: https://www.youtube.com/audiolibrary/music SUMMARY: - It’s super easy to find information about which hallmarks are typical for different metals online. All you have to do is compare the information from the Internet with the engraving on your jewelry item. - A genuine item of jewelry with a high content of precious metal won’t stick to a magnet. That's why you can take out that magnet you've brought with you and figure out if you're being offered the real deal or not. - Real gold leaves golden traces on unburnt and unglazed ceramic tiles or porcelain, while the traces from counterfeits are usually gray or black. - A simple method to check your silver is to use chalk. If it starts to darken when you rub it in chalk, it’s real! - You can check gold with iodine. If there’s a stain left on the item after the test, it's an obvious sign of a fake or a really low content of precious metal. - Another way to check gold is the vinegar test. Fake or impure gold darkens in vinegar very quickly. - If the item is made of real silver, then the place where you apply the ointment will become dark blue. And don’t worry about ruining your jewelry this way. - Ammonia is a good way to check if the item you have is real platinum. When it interacts with most metals, ammonia causes the surface to blacken. - A real diamond won’t fog up when you breathe hot air on it because it has a high thermal conductivity. - In order to determine the authenticity of an emerald, you should examine the structure of the gem under a magnifying glass. A genuine emerald doesn't have tubular or spiral patterns inside. - In order to determine the authenticity of a pearl, it’ll be enough to check it with your teeth. If you try to bite a pearl, you'll feel that it creaks like sand. - Place a piece of amber into a glass of salty water. An item made of glass or plastic, as well as fake amber made of epoxy resin, will sink instantly. Subscribe to Bright Side : https://goo.gl/rQTJZz ---------------------------------------------------------------------------------------- Our Social Media: Facebook: https://www.facebook.com/brightside/ Instagram: https://www.instagram.com/brightgram/ 5-Minute Crafts Youtube: https://www.goo.gl/8JVmuC ---------------------------------------------------------------------------------------- For more videos and articles visit: http://www.brightside.me/