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Gold Reserves

which is held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency. Central banks with the largest gold reserves have remained mostly unchanged for the last few year and if we go by country then the United states has the largest gold reserves. Does it mean that the countries with large Gold mines should be stable and developed?

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