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FX.co ★ Top 10 countries with largest gold reserves

Top 10 countries with largest gold reserves

Currently, due to the large-scale collapse of stock markets, countries prefer gold as this precious metal has long been considered a safe asset and the best to invest in. Several countries in the world are actively increasing their gold reserves. This allows them to save and increase accumulated funds. Here is the list of 10 leading countries

Top 10 countries with largest gold reserves

USA

The first place in this rating goes to the United States. At the beginning of 2018, the storage of the country had an impressive amount of 8,133.46 tons of gold. According to experts, this makes up 75% of the US foreign reserve.

Top 10 countries with largest gold reserves

Germany

The second place belongs to Germany. In early 2018, the national reserves of the precious metal in the country reached 3,373.6 tons. This is 70.2% of the total currency reserve in Germany, experts emphasize.

Top 10 countries with largest gold reserves

USA

The first place in this rating goes to the United States. At the beginning of 2018, the storage of the country had an impressive amount of 8,133.46 tons of gold. According to experts, this makes up 75% of the US foreign reserve.

Top 10 countries with largest gold reserves

Italy

Italy takes the third place in the ranking with gold reserves amounting to 2,451.84 tons, according to data for January 2018. This is equal to 67.5% of the country's total foreign reserves, analysts say. Stocks of the precious metal in Italy have remained stable for 19 years since 1999.

Top 10 countries with largest gold reserves

Germany

The second place belongs to Germany. In early 2018, the national reserves of the precious metal in the country reached 3,373.6 tons. This is 70.2% of the total currency reserve in Germany, experts emphasize.

Top 10 countries with largest gold reserves

France

The fourth place among the states with the largest gold reserves in the world goes to France. The volume of the metal in the country’s storage reaches 2,436 tons, according to statistics for January 2018. This is 64.9% of the French currency reserves, experts emphasize.

Top 10 countries with largest gold reserves

Italy

Italy takes the third place in the ranking with gold reserves amounting to 2,451.84 tons, according to data for January 2018. This is equal to 67.5% of the country's total foreign reserves, analysts say. Stocks of the precious metal in Italy have remained stable for 19 years since 1999.

Top 10 countries with largest gold reserves

Russia

The fifth place in the list of the largest holders of gold belongs to Russia. In 2017, the country increased its gold reserves by 223.6 tons. At the beginning of this year, the volume of the precious metal in Russia amounted to 17.7% of its foreign reserves. The Central Bank of the Russian Federation annually increases gold reserves, which reached 1,838.8 tons in January 2018.

Top 10 countries with largest gold reserves

France

The fourth place among the states with the largest gold reserves in the world goes to France. The volume of the metal in the country’s storage reaches 2,436 tons, according to statistics for January 2018. This is 64.9% of the French currency reserves, experts emphasize.

Top 10 countries with largest gold reserves

China

China takes the sixth place in this ranking. In terms of gold reserves, the country is the leader in East Asia. In January 2018, China’s national reserves reached 1,842.6 tons of gold. This is 2.4% of the country's huge foreign reserves. The volume of foreign reserves of China in 2017 amounted to $3.140 trillion.

Top 10 countries with largest gold reserves

Russia

The fifth place in the list of the largest holders of gold belongs to Russia. In 2017, the country increased its gold reserves by 223.6 tons. At the beginning of this year, the volume of the precious metal in Russia amounted to 17.7% of its foreign reserves. The Central Bank of the Russian Federation annually increases gold reserves, which reached 1,838.8 tons in January 2018.

Top 10 countries with largest gold reserves

Switzerland

The seventh place among the largest holders of gold reserves goes to Switzerland. The country is in the first place in the world in terms of gold per capita (136.5 grams). National reserves of the precious metal reach 1,040 tons, according to the report for January 2018. This is approximately 5.4% of all foreign reserves of a small and very rich state.

Top 10 countries with largest gold reserves

China

China takes the sixth place in this ranking. In terms of gold reserves, the country is the leader in East Asia. In January 2018, China’s national reserves reached 1,842.6 tons of gold. This is 2.4% of the country's huge foreign reserves. The volume of foreign reserves of China in 2017 amounted to $3.140 trillion.

Top 10 countries with largest gold reserves

Japan

The eighth place among in the world goes to Japan. In the Land of the Rising Sun, the volume of the national gold reserve has been stable for over 16 years. According to data for January 2018, it amounts to 765.22 tons. It accounts for 2.5% of the country's huge foreign reserves.

Top 10 countries with largest gold reserves

Switzerland

The seventh place among the largest holders of gold reserves goes to Switzerland. The country is in the first place in the world in terms of gold per capita (136.5 grams). National reserves of the precious metal reach 1,040 tons, according to the report for January 2018. This is approximately 5.4% of all foreign reserves of a small and very rich state.

Top 10 countries with largest gold reserves

Japan

The eighth place among in the world goes to Japan. In the Land of the Rising Sun, the volume of the national gold reserve has been stable for over 16 years. According to data for January 2018, it amounts to 765.22 tons. It accounts for 2.5% of the country's huge foreign reserves.

Top 10 countries with largest gold reserves

Netherlands

The ninth place in this list belongs to the Netherlands. According to information for January of this year, the national gold reserves in the country reached 612.45 tons. This is 66.3% of the currency reserves of the Netherlands, experts say.

Top 10 countries with largest gold reserves

Turkey

Turkey closes the list of ten countries with the most impressive gold reserves in the world. The volume of gold in the country’s storage is 564.8 tons, according to data for January of this year. This is about 21.8% of the total foreign reserves of Turkey, analysts say.

Top 10 countries with largest gold reserves

Netherlands

The ninth place in this list belongs to the Netherlands. According to information for January of this year, the national gold reserves in the country reached 612.45 tons. This is 66.3% of the currency reserves of the Netherlands, experts say.

Top 10 countries with largest gold reserves

Turkey

Turkey closes the list of ten countries with the most impressive gold reserves in the world. The volume of gold in the country’s storage is 564.8 tons, according to data for January of this year. This is about 21.8% of the total foreign reserves of Turkey, analysts say.

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