A gold reserve is the gold 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.- Gold reserve
Reserve management: managing a country's foreign-exchange and gold reserves and government bonds;- Central bank
Like many other currencies, the shat was linked to gold.- Central bank
With the sharp growth of economies in the 20th century, and increasing foreign exchange, the world's gold reserves and their trading market have become a small fraction of all markets and fixed exchange rates of currencies to gold have been replaced by floating prices for gold and gold future contract.- Gold
Central banks still hold historical gold reserves as a store of value although the level has generally been declining.- Gold
1 related topic with Alpha
A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.
Many states still hold substantial gold reserves.
From the more widespread acceptance of paper money in the 19th century emerged the gold bullion standard, a system where gold coins do not circulate, but authorities like central banks agree to exchange circulating currency for gold bullion at a fixed price.