Gold (lhs), in USD and Aggregated Central Bank Balance Sheets (FED, ECB, BOJ, PBOC) (rhs), in USD trn

This chart shows the developments of gold and the aggregated balance sheet of major central banks since 2000. Left hand scale (lhs): Price of one ounce of gold in US Dollars (USD). Right hand scale (rhs): Sum of Federal Reserve (FED), European Central Bank (ECB), Bank of Japan (BOJ), and People’s Bank of China (PBOC) Balance Sheets in trillions of US Dollars (USD).

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