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 –  \u30b9\u30a4\u30b9\u56fd\u7acb\u9280\u884c [13] \u91d1\u878d\u5e02\u5834\u306f\u3059\u3050\u306b\u53cd\u5fdc\u3057\u307e\u3057\u305f\u3002\u30d5\u30e9\u30f3\u306f1.11\u304b\u3089CHF 1,21\/\u30e6\u30fc\u30ed\u306b\u843d\u3061\u307e\u3057\u305f\u3002\u30b9\u30a4\u30b9\u306e\u682a\u5f0f\u5e02\u5834\u306f\u5897\u52a0\u3057\u307e\u3057\u305f\uff08\u305f\u3068\u3048\u3070\u3001\u30b9\u30a4\u30b9\u5e02\u5834\u6307\u6570\uff09\u3002\u5f37\u3044\u30d5\u30e9\u30f3\u30b3\u30cb\u30a2\u306f\u4ee5\u524d\u306b\u30b9\u30a4\u30b9\u4f01\u696d\u304b\u3089\u306e\u8f38\u51fa\u3092\u3088\u308a\u9b45\u529b\u7684\u306b\u3057\u3066\u3044\u305f\u305f\u3081\u3067\u3059\u3002 [14] \u30b9\u30a4\u30b9\u56fd\u7acb\u9280\u884c\u306f\u30012015\u5e741\u670815\u65e5\u307e\u3067\u3001\u30d5\u30e9\u30f3\u30af\u306e\u30e6\u30fc\u30ed\u3078\u306e\u3053\u306e\u7d50\u5408\u3068\u30e6\u30fc\u30ed\u3042\u305f\u308a1.20\u306e\u6700\u4f4e\u30b3\u30fc\u30b9\u3092\u958b\u50ac\u3057\u307e\u3057\u305f\u3002 [15] \u305d\u306e\u7d50\u679c\u3001\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306e\u30b3\u30fc\u30b9\u306fCHF 0.8317\u306b\u77ed\u6642\u9593\u30b8\u30e3\u30f3\u30d7\u3057\u307e\u3057\u305f [16] \u305d\u308c\u4ee5\u6765\u3001CHF 1.20\u306e\u30bf\u30fc\u30b2\u30c3\u30c8\u30d6\u30e9\u30f3\u30c9\u306f\u3082\u306f\u3084\u8d85\u3048\u3066\u3044\u307e\u305b\u3093\u3002 GoldBestand [ \u7de8\u96c6 | \u30bd\u30fc\u30b9\u30c6\u30ad\u30b9\u30c8\u3092\u7de8\u96c6\u3057\u307e\u3059 ]  SNB\u306e\u30b4\u30fc\u30eb\u30c9\u30d0\u30fc\uff081975\uff09 1040\u30c8\u30f3\u306e\u91d1\u682a\u306f\u3001\u30b9\u30a4\u30b9\u306b70\uff05\u3001\u30a4\u30f3\u30b0\u30e9\u30f3\u30c9\u9280\u884c\u3067\u7d0420\uff05\u3001\u30ab\u30ca\u30c0\u9280\u884c\u3067\u7d0410\uff05\u3092\u8caf\u8535\u3057\u307e\u3057\u305f\uff082013\u5e74\u73fe\u5728\uff09\u3002 [17] [18] Deutsche Bundesbank\u3084\u7c73\u56fd\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u3068\u306f\u7570\u306a\u308a\u3001SNB\u306f\u5e02\u5834\u4fa1\u5024\u306e\u539f\u5247\u306b\u57fa\u3065\u3044\u3066\u3044\u307e\u3059\u3002\u305d\u306e\u7d50\u679c\u3001\u3042\u306a\u305f\u306e\u5229\u76ca\u3068\u5931\u6557\u306e\u8a08\u7b97\u306e\u91d1\u4fa1\u683c\u306f\u305d\u308c\u3092\u6210\u3057\u9042\u3052\u307e\u3059\u3002 2013\u5e74\u306b\u521d\u3081\u3066\u3001SNB\u914d\u5f53\u306f\u9577\u3044\u9593\u30ad\u30e3\u30f3\u30bb\u30eb\u3055\u308c\u307e\u3059\u3002 2013\u5e74\u3001\u91d1\u4fa1\u683c\u306f\u6025\u6fc0\u306b\u4e0b\u843d\u3057\u3066\u3044\u307e\u3057\u305f\u304c\u3001\u5f7c\u306f\u6570\u5e74\u524d\u306b\u6025\u6fc0\u306b\u4e0a\u6607\u3057\u3066\u3044\u307e\u3057\u305f\u3002 World Gold Council\u306f\uff082013\u5e749\u6708\u73fe\u5728\uff09\u4ed6\u306e6\u304b\u56fd\u307e\u305f\u306f\u56fd\u969b\u901a\u8ca8\u57fa\u91d1\uff08IMF\uff09\u304c\u91d1\u682a\u3092\u5927\u304d\u304f\u6301\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u767a\u8868\u3057\u307e\u3057\u305f\u3002 \u7c73\u56fd\uff088134\u30c8\u30f3\uff09\u3001\u30c9\u30a4\u30c4\uff083391\uff09\u3001IMF\uff082814\uff09\u3001\u30a4\u30bf\u30ea\u30a2\uff082452\uff09\u3001\u30d5\u30e9\u30f3\u30b9\uff082435\uff09\u3001\u4e2d\u56fd\uff081054\u30c8\u30f3\uff09\u3002 [19] \u5229\u76ca\u306e\u4f7f\u7528 [ \u7de8\u96c6 | \u30bd\u30fc\u30b9\u30c6\u30ad\u30b9\u30c8\u3092\u7de8\u96c6\u3057\u307e\u3059 ] \u5f8c \u7f8e\u8853\u3002 31 \u56fd\u7acb\u9280\u884c\u6cd5\uff08NBG\uff09\u306f\u3001\u682a\u5f0f\u8cc7\u672c\u306e\u6700\u59276\uff05\u3001\u3064\u307e\u308a150\u4e07\u4ef6\u306e\u914d\u5f53\u3092\u53d7\u3051\u53d6\u308a\u307e\u3059\u3002 CHF 250\u306e\u540d\u76ee\u5024\u3092\u6301\u3064\u3053\u308c\u306f\u30011\u682a\u5f53\u305f\u308a\u6700\u592715 CHF 15\u3067\u3059\u3002\u3053\u306e\u5206\u5e03\u3092\u8d85\u3048\u308b\u8cb8\u501f\u5bfe\u7167\u8868\u306e\u5229\u76ca\u306e\u984d\u306f\u3001\u9023\u90a6\u653f\u5e9c\u3068\u30ab\u30f3\u30c8\u30f3\u306e3\u5206\u306e2\u306b\u5206\u985e\u3055\u308c\u307e\u3059\u3002 [20]  \u30b9\u30a4\u30b9\u56fd\u7acb\u9280\u884c\u306e\u524d\u306e\u30d9\u30eb\u30f3\u306e\u6c17\u5019\u90e8 \u6301\u7d9a\u53ef\u80fd\u6027 [ \u7de8\u96c6 | \u30bd\u30fc\u30b9\u30c6\u30ad\u30b9\u30c8\u3092\u7de8\u96c6\u3057\u307e\u3059 ] \u6c17\u5019\u540c\u76df\u306f\u3001\u56fd\u7acb\u9280\u884c\u3067\u3088\u308a\u591a\u304f\u306e\u6301\u7d9a\u53ef\u80fd\u6027\u3068\u6c17\u5019\u4fdd\u8b77\u3092\u8981\u6c42\u3057\u3066\u3044\u307e\u3059\u3002 Ad\u00e8leThorens\u56fd\u5bb6\u8a55\u8b70\u54e1\u306b\u3088\u308b\u5bfe\u5fdc\u3059\u308b\u8b70\u4f1a\u306e\u30a4\u30cb\u30b7\u30a2\u30c1\u30d6\u306f\u30012018\u5e74\u306e\u5168\u56fd\u8a55\u8b70\u4f1a\u306b\u3088\u3063\u3066\u62d2\u5426\u3055\u308c\u307e\u3057\u305f\u3002 [21] 2019\u5e74\u3001SNB\u306f\u3001\u56fd\u969b\u7684\u306a\u958b\u767a\u306e\u904e\u7a0b\u3067\u79fb\u52d5\u3057\u3001\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\uff08NGFS\uff09\u306e\u74b0\u5883\u3092\u6574\u3048\u308b\u305f\u3081\u306e\u4e2d\u592e\u9280\u884c\u304a\u3088\u3073\u76e3\u7763\u8005\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306b\u53c2\u52a0\u3059\u308b\u305f\u3081\u306b\u5c11\u3057\u59cb\u3081\u307e\u3057\u305f\u3002 [22] \u4ee5\u524d\u306b\u516c\u958b\u3055\u308c\u305f\u30ec\u30dd\u30fc\u30c8\u3067\u3001\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306f\u3001\u6c17\u5019\u306e\u30ea\u30b9\u30af\u304c\u91d1\u878d\u306e\u5b89\u5b9a\u6027\u306b\u95a2\u9023\u3057\u3066\u304a\u308a\u3001\u5916\u90e8\u8a55\u4fa1\u3084\u4ed6\u306e\u5e02\u5834\u53c2\u52a0\u8005\u306b\u3088\u308b\u30ea\u30b9\u30af\u8a55\u4fa1\u3067\u5341\u5206\u306b\u8003\u616e\u3055\u308c\u3066\u3044\u306a\u3044\u3053\u3068\u3092\u767a\u898b\u3057\u307e\u3057\u305f\u3002 2020\u5e74\u306e\u7d42\u308f\u308a\u306b\u3001SNB\u306f\u300c\u4e3b\u306b\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u304b\u3089\u77f3\u70ad\u3092\u524a\u6e1b\u3059\u308b\u65b0\u3057\u3044\u4f01\u696d\u300d\u3092\u767a\u8868\u3057\u307e\u3057\u305f\u3002 [23] \u56fd\u5bb6\u793e\u4f1a\u4e3b\u7fa9\u6226\u4e89\u7d4c\u6e08\u306e\u652f\u63f4 [ \u7de8\u96c6 | \u30bd\u30fc\u30b9\u30c6\u30ad\u30b9\u30c8\u3092\u7de8\u96c6\u3057\u307e\u3059 ]  1922\u5e74\uff1a\u65b0\u3057\u304f\u5efa\u3066\u3089\u308c\u305f\u56fd\u7acb\u9280\u884c\u30c1\u30e5\u30fc\u30ea\u30c3\u30d2 \u30b9\u30a4\u30b9\u306f\u3001\u7b2c\u4e8c\u6b21\u4e16\u754c\u5927\u6226\u4e2d\u306e\u7b2c\u4e09\u5e1d\u56fd\u306e\u6a29\u529b\u5206\u91ce\u304b\u3089\u306e\u91d1\u306e\u6700\u3082\u91cd\u8981\u306a\u7a4d\u307f\u8fbc\u307f\u30dd\u30a4\u30f3\u30c8\u3067\u3057\u305f\u3002 [24] 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