Serbia's gold reserves rise most in SEE in 2016 - table

BELGRADE (Serbia), May 8 (SeeNews) - Serbia expanded its gold reserves the most among countries in Southeastern Europe (SEE) in 2016, according to data by the World Gold Council. 

The gold reserves of the country rose to 18.7 tonnes at the end of the fourth quarter of 2016 from 17.5 tonnes a year earlier, as statistics posted on the website of the World Gold Council show.

As a result, the total gold reserves of central banks in SEE grew to 177.4 tonnes at the end of 2016 from 176.6 tonnes in December 2015. 

The other two countries that increased their gold reserves were Bulgaria and Macedonia, to 40.3 tonnes and 6.9 tonnes, respectively.

Changes in SEE gold reserves in tonnes (breakdown by country):

  Q4 2016 Q4 2015 Q4 2014
Albania 1.6 1.6 1.6
Bosnia and Herzegovina 3.0 3.0 3.0
Bulgaria 40.3 40.2 40.1
Macedonia 6.9 6.8 6.8
Romania 103.7 103.7 103.7
Serbia 18.7 18.1 17.5
Slovenia 3.2 3.2 3.2

NOTE: No data about Croatia, Montenegro, Kosovo and Moldova was available.

https://seenews.com