Return of Gold to Poland [100]

The Return of Gold to Poland

Subject: no
Face value: 100 pln
Alloy: 999.9/1000 Au
Dimensions: 23.43x13.97 mm
Weight: 8 g
Finish: proof
Mintage: 2019 pcs
On the edge: smooth
Additional: no
Date of issue: 2019-12-18
Issue price: 2100 pln


Designer: Urszula Walerzak


Designer: Urszula Walerzak

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Article linked with this coin

The Return of Gold to Poland

Narodowy Bank Polski presently holds 228.6 tons of gold, of which 105 tons is kept in NBP vaults. In 2018–2019 NBP gold reserves increased by 125.7 tons (122%), with the purchases in 2018 amounting to 25.7 tons and another 100 tons in 2019. As a consequence of the purchases carried out in the last two years, NBP has moved up in the ranking of gold holdings from 34th to 22nd place among central banks all over the world and from 15th to 11th place in Europe, ahead of all the countries of the region. At the same time, the share of monetary gold in official reserve assets has increased to 9.1% (against 3.8% at the end of 2017).

The strategic decision to purchase gold was, among others, a result of the good economic situation and the steady increase in reserve ...

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