Definition of Gold Reserves

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TeachMeFinance.com - explain Gold Reserves



Gold Reserves -- Gold retained by a nation or its central banks contributing to the nation's creditworthiness in the issuance of bonds and currency, although there may be no commitment by it to exchange gold for its currency.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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