Discover the Countries With the Most Gold

• Gold is a precious metal with a long history of use in a variety of industries.
• Gold is considered a safe investment, and its value tends to remain relatively constant compared to other commodities.
• The three main sources of gold are primary deposits, recycled gold, and the gold supply.
• Primary deposits of gold can be found in a few places around the world, including South Africa, the United States, Australia, and Canada.

Gold is a precious metal with a long history of use in a variety of industries. Gold is considered a safe investment, and its value tends to remain relatively constant compared to other commodities.
The three main sources of gold are primary deposits, recycled gold, and the gold supply. Primary deposits of gold can be found in a few places around the world, including South Africa, the United States, Australia, and Canada.
In this article, we'll take a look at some of the countries with the largest gold reserves.

China

China's central bank, the People's Bank of China (PBOC), holds 1,838 metric tons of gold. That's more than Venezuela, Algeria, and Kazakhstan combined. In fact, China holds more gold than any other country in the world.
The United States
The U.S. Federal Reserve holds 8,133 metric tons of gold. That's more than the next 11 countries combined. The U.S. has been accumulating gold since the 1970s as part of its plan to diversify away from the U.S. dollar.
Germany
Germany has been one of the largest net buyers of gold in recent years, having added about 1,000 metric tons to its reserves since 2010.

Russia

Russia is the country with the largest amount of precious metal reserves, and accounts for 14.3% of the total global reserves. Russia's gold reserves currently stand at 1,762.2 metric tons.
China
China holds the second largest amount of gold reserves in the world, accounting for 12.6% of the global total. China's gold reserves currently stand at 1,658.1 metric tons.
Italy
Italy holds the third largest amount of gold reserves, accounting for 12.5% of the global total. Italy's gold reserves stand at 2,451.6 metric tons.
United States
The United States has the fourth-largest amount of gold reserves in the world, accounting for 12.4% of the global total. The United States has 8,133.5 metric tons of gold reserves.
Germany
Germany holds the fifth-largest amount of gold reserves in the world, accounting for 10.3% of the global total. Germany has 3,381.8 metric tons of gold reserves.
France
France holds the sixth-largest amount of gold reserves in the world, accounting for 10.1% of the global total. France has 2,451.6 metric tons of gold reserves.
India
India holds the seventh-largest amount of gold reserves in the world, accounting for 9.6% of the global total. India's gold reserves stand at 557.7 metric tons.
Japan
Japan holds the eighth-largest amount of gold reserves in the world, accounting for 5.4% of the global total. Japan has 1,054.3 metric tons of gold reserves.

Germany

Germany, which holds an estimated 3,381 tons of gold, is the world's fourth-largest gold-holding country. Its gold reserves have been relatively stable over the years, with the biggest drop in 1955-56, when 1,300 tons were depleated when West Germany joined the Bretton Woods monetary system and converted its currency to the deutschmark.
Russia
Russia, which holds an estimated 2,774 tons of gold, is the world's third-biggest gold-holding country. Russia's gold reserves, which are mostly stored in the Bank of Russia, represent about 17% of the bank's assets.
Italy
Italy, which holds an estimated 2,735 tons of gold, is the world's fifth-largest gold-holding country. The country's gold reserves are managed by the Italian Treasury.
France
France, which holds an estimated 2,680 tons of gold, is the world's sixth-largest gold-holding country. France's gold reserves, which are mostly stored in the Banque de France, represent about 1.5% of the bank's assets.
China
China, which holds an estimated 2,627 tons of gold, is the world's seventh-largest gold-holding country. The country's gold reserves-which are mostly stored in the People's Bank of China-represent about 1.5% of the bank's total assets.

United States

Coming in first, the U.S. has 8,133.5 metric tons of gold, or 261.5 million ounces. This is more than any other country in the world, and much of this gold is held at Fort Knox.
Germany
Germany has the second largest stockpile of gold at 3,381.9 metric tons, or 104.9 million ounces.
Japan
Japan comes in third with 2,451.4 metric tons, or 84.9 million ounces.
China
China's total gold reserves amount to 1,842 metric tons, or 56.5 million ounces.

Italy

Italy owns 2,893.2 tonnes of gold bullion, or about 33% of its total gold reserves. The country's gold reserves are held at the Bank of Italy, and the country produced about 4.5 tonnes of gold in 2018.
The Netherlands
The Netherlands owns 2,451.8 tonnes of gold bullion, or about 28.6% of the country's total gold reserves. The Netherlands produced about 1.5 tonnes of gold in 2018.
Germany
Germany owns 3,381.7 tonnes of gold bullion, or about 35.2% of the country's total gold reserves. The country produced about 3.5 tonnes of gold in 2018.
France
France owns 2,451.8 tonnes of gold bullion, or about 28.6% of the country's total gold reserves. The country produced about 1.5 tonnes of gold in 2018.

France

The country holds 2,451.6 metric tons of gold, 2.7% of its reserves.
Germany
The country holds 3,381.4 metric tons of gold, accounting for 3.3% of its reserves.

Italy
The country holds 2,451.6 metric tons of gold, 2.7% of its reserves.

United States
The country holds 8,133 metric tons of gold, 8.1% of its reserves.

United Kingdom
The country holds 2,451.6 metric tons of gold, 2.7% of its reserves.

United Kingdom

Despite gold being banned in 1933, the U.K. continues to be the world's second largest gold reserve, according to the World Gold Council. It currently holds 283.7 million troy ounces.
China
This Asian powerhouse holds the third most gold in the world, with 11,100 metric tons.
Germany
In fourth place is Germany, which currently holds 3,381.3 million troy ounces.
Russia
Russia holds the fifth most gold in the world, with 2,310.7 million troy ounces.

Switzerland

With 8,133.7 tons, the country has the highest gold reserves in the world. Switzerland's central bank, the Banque Du Liban, also has 22.3 tons of gold.
Russia
With 7,071.9 tons, Russia is in the top 10 countries with the most gold. The central bank of Russia holds 1,510.4 tons of gold.
Germany
With 3,381.4 tons, Germany has a gold reserve of 1,432.6 tons. The Bundesbank, Germany's central bank, holds 3,381.4 tons of gold.

United States
With 8,133.7 tons, the United States has the third-highest gold reserves. The Federal Reserve holds 261.8 tons of gold.

France
With 2,435.2 tons, France's gold reserves stand at 1,368.6 tons. The Banque de France, France's central bank, holds 2,435.2 tons of gold.

Italy
With 2,381.3 tons, Italy has a gold reserve of 1,271.6 tons. The Bank of Italy holds 2,381.3 tons of gold.

China
With 1,842.8 tons, China holds 1,322.5 tons of gold. The People's Bank of China holds 1,842.8 tons of gold.

Japan
With 1,756.4 tons, Japan's gold reserves stand at 1,070.9 tons. The Bank of Japan holds 1,756.4 tons of gold.

United Kingdom
With 310.1 tons, the Banque de France holds 310.1 tons of gold. The Bank of England holds 310.1 tons of gold.

Gold IRA: Should You Open One To Save For Retirement?

Japan

A country that allows people to own gold outright, Japan has the second-largest gold reserves in the world, trailing behind the United States.
Germany
Germany's gold reserve is the fifth largest in the world. Approximately 3,391.4 tons, or 69% of Germany's gold, is held at the Bank of France.
China
China is home to the third-biggest gold reserve in the world. The People's Bank of China holds approximately 1,842.9 tons, or 59.8% of its total holdings, at the Bank of France.
Russia
Russia's gold reserve, the eighth largest in the world, accounts for 1,330.2 tons, or 82.1% of its total gold holdings.
South Korea
South Korea's Reserve Asset Administration, an agency that oversees the country's gold reserves, holds gold at the Bank of France.
China