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Gold Reserves
286.8t
Reserve Value
$26.74B
% of Reserves
52.3%
YoY Change
0.0t
Est. Purchase Cost
—
Gold/Currency Ratio
N/A
Lebanon holds gold steady as a vital reserve amid banking crisis and political instability, too precious to sell. Stability preserves remaining financial credibility. Gold acts as the ultimate hedge in hyper-volatile conditions.
Notable Activity
Lebanon's holdings unchanged at 287 tonnes year-over-year.
Key Motivations
What this means
The gold/currency ratio measures how much of a country's money supply is "backed" by gold reserves. A higher ratio suggests stronger implicit gold backing of the currency.
Bullion Fear & Greed Index
Was the market fearful or greedy when Lebanon was buying? Central banks often buy gold during market fear — the opposite of retail.
Gold/Silver Ratio
Central banks buy gold, not silver. Track the gold/silver ratio to understand relative value between the two metals.
Mining ETFs
Central bank buying supports gold prices, which flows through to mining company valuations. Track GDX, GDXJ, and miner sentiment.
Data Sources
Gold holdings from IMF International Financial Statistics (IFS) and World Gold Council. M1 money supply from FRED and IMF. Geopolitical context enriched monthly. Last updated: 2026-03-31.