Written answers
Thursday, 17 July 2014
Department of Finance
Central Bank of Ireland
Michael McGrath (Cork South Central, Fianna Fail)
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184. To ask the Minister for Finance if he will set out in tabular form the value of the Central Bank holdings of gold at the end of each year from 2010 to 2013; the value of all purchases and sales of gold by the Central Bank in each year from 2010 to 2013; and if he will make a statement on the matter. [32694/14]
Michael Noonan (Limerick City, Fine Gael)
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As per the Central Bank annual statements, gold and gold receivables consist of coin stocks held in the Central Bank, together with gold bars held at the Bank of England. The value of the Central Bank holdings of gold at the end of each year from 2010 to 2013 is set out in tabular form. I am informed by the Central Bank that it has not sold or purchased any gold in the periods 2010 to 2013. The movement in the holdings of gold is reflective of the change in value/price of gold.
Year | Holdings of Gold | Purchases of Gold | Sales of Gold |
---|---|---|---|
2010 | 203,791,985.99 | 0 | 0 |
2011 | 234,966,619.78 | 0 | 0 |
2012 | 243,521,797.93 | 0 | 0 |
2013 | 168,443,932.15 | 0 | 0 |
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