Goldfixing Fonderia e laboratorio analisi preziosi

The Bank of Italy owns the official gold reserves of the country, which constitute part of the reserves of the Eurosystem. They allow economic and financial stability in every country in the EU. Gold reserves are usually owned in the form of bonds, like Japanese yen, British pounds, American dollars and gold reserves.

Gold reserves are used because they are totally impenetrable by political or economic decisions and for this reason they offer financial security and stability.

The consistency of the reserves is 2452 tons and by the end of 2013 its estimated value was 69 billion euros. The reserves at the Bank of Italy are 1199.40 tons, of which 4.10 tons are part of “monetary gold” and the other 1195.30 in the form of gold bars.

For security reasons gold was sorted between the Bank of Italy that owns almost one half, and the rest is situated at the Federal Reserve in New York, in Bern at the National Bank of Switzerland and in London at the Bank of England.