10 countries with the largest gold reserves

in #goldlast month

Gold remains an important part of most countries' foreign exchange reserves. It serves as a reliable store of value. Central banks are actively managing their gold holdings to diversify reserves and enhance financial stability. This strategy reflects the growing uncertainty in global markets and the desire of countries to reduce their dependence on fiat currencies, especially the US dollar.

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In this article, we provide data on the 10 countries with the largest gold reserves. As well as their percentage of total foreign exchange reserves.

1.USA: 8133.5 tons, 75.8%

2.Germany: 3362.4 tons, 71.4%

3.Italy: 2451.8 tons, 68.4%

4.France: 2436 tons, 64.8%

5.Russia: 2298.5 tons, 31%

6.China: 1948.3 tons, 3.3%

7.Switzerland: 1040 tons, 6.5%

8.Japan: 765.2 tons, 3.1%

9.India: 676.6 tons, 7.5%

10.Netherlands: 612.5 tons, 64.2%

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