In practice, only a small percentage of investors request delivery or withdrawal of vaulted gold holdings.

This encourages gold borrowings so that central banks can earn interest on their large gold holdings.

His Government tried to finesse the problem by an accounting device - revaluing its gold holdings to reduce the deficit.

During the war, of course, gold holdings were requisitioned, and it was replaced by a deposit account at the bank.

During this worldwide spending spree, our gold holdings have been reduced from nearly $23 billion to less than $11 billion.

"The gold holdings will be relatively stable because of our emphasizing senior producers with low cash costs and highly liquid shares," the report said.

The plan calls for the gold holdings subscribed by these countries to be "mobilized," the official said.

I've been watching my gold holdings go up and up these last couple of years.

This means Italy's gold holdings are worth about one-tenth of the estimated total amount required.

Analysts estimated Newmont's asset value, because of its gold holdings, as high as $150 to $200 a share.