Serbia Has 35.75 Tons of Gold Reserves

The National Bank of Serbia has 35.75 tons of gold reserves, worth a total of EUR 1.77 billion.

On January 31, 2021, the gross foreign exchange reserves of the NBS amounted to EUR 13.6 million, of which 13% consisted of gold reserves, the NBS announced.

The share of gold in FX reserves increased from 5.7% in late 2021 to the current 13%. Around 96% of the gold is kept in the form of gold bars, and the rest is kept in the form of forged gold.

On average, a bar weighs around 12.5 kilograms. All the bars meet the highest international standards when it comes to pureness, shape and weight.

Narodna banka Srbije Beograd

NBS

FX reserves

share of gold in FX reserves