Discover the Gold Reserves of These Countries

• Gold reserves are assets that countries hold in order to back their currencies.
• Each country's central bank decides how much gold to hold in its reserves.
• The gold held by a country's central bank is usually in the form of bars or coins.
• Because central banks purchase gold bars, countries must buy and sell gold on the open market, and this affects the gold price.

Gold reserves are assets that countries hold in order to back their currencies. Each country's central bank decides how much gold to hold in its reserves. The gold held by a country's central bank is usually in the form of bars or coins.
Because central banks purchase gold bars, countries must buy and sell gold on the open market, and this affects the gold price.

United States

Gold reserves of 8,133.5 metric tons

Russia
Gold reserves of 2,249.3 metric tons

China
Gold reserves of 1,054.8 metric tons

Germany
Gold reserves of 3,381.9 metric tons

United Kingdom
Gold reserves of 6,350.0 metric tons

Italy
Gold reserves of 3,451.0 metric tons

France
Gold reserves of 3,414.2 metric tons

Japan
Gold reserves of 2,814.9 metric tons

Spain
Gold reserves of 1,631.3 metric tons

Switzerland
Gold reserves of 1,040.3 metric tons

Canada
Gold reserves of 8,050.9 metric tons

China

China is the world's largest gold mining nation, accounting for approximately 12% of global gold output in 2018. China's gold reserves are valued at $1.285 trillion as of June 2020. China's foreign exchange reserves include 1,652.4 tons of gold.
India
India's gold reserves are valued at $573.3 billion as of June 2020. The Reserve Bank of India (RBI) holds 557.9 tons of gold in its reserves as of June 2020. India's foreign exchange reserves include 2,545.8 tons of gold.
Russia
Russia's gold reserves are valued at $500.9 billion as of June 2020. The Central Bank of Russia holds 1,803.7 tons of gold in its reserves as of June 2020. Russia's foreign exchange reserves include 1,353.3 tons of gold.

Germany

Germany is the country with the largest gold reserves in the world. As of September 2019, Germany's total gold reserves amounted to 3,381.8 tons.
China
China has the second-largest gold reserves in the world. As of September 2019, the country's gold reserves totaled 1,864.1 tons.
Russia
Russia's gold reserves amounted to 1,715.5 tons as of September 2019.
France
As of September 2019, France held 1,502.0 tons of gold reserves.

India

India ranks 8th in the world with 2,363 tonnes of gold reserves.
China
China ranks sixth in the world with 12,100 tonnes of gold reserves. As of 2015, China's gold reserves equaled 1.1% of the world's total gold reserves.
Russia
Russia ranks 11th in the world with 2,027 tonnes of gold reserves.
Italy
Italy ranks 12th in the world with 2,030 tonnes of gold reserves.
Germany
Germany ranks 20th in the world with 1,396 tonnes of gold reserves.
Switzerland
Switzerland ranks 21st in the world with 1,338 tonnes of gold reserves.

Russia

Russia is one of the world's largest producers of gold. Since 2007, the country's gold reserves have increased from about 896.9 tons to 2,479.2 tons.
Venezuela
Venezuela's gold reserves are 160.4 tons, making it one of the largest producers of gold in Latin America. In 2010, Venezuela's gold reserves were valued at $11 billion.
China
China's gold reserves are 1,658.2 tons, making it one of the largest producers of this precious metal. China's gold reserves were valued at $88.4 billion in 2018.