Top 10 Countries With The Highest Gold Reserves In 2022
In this article, I am sharing with you some of the highest gold reserve countries from the International Monetary Fund and the World Gold Council. But first, we need to know what is gold reserves means?? Well, a gold reserve is gold that is held by the national central bank to support the value of its national currency.
1. United State
Tonnes: 8,133
2. Germany
Tonnes: 3,359
3. Italy
Tonnes: 2,452
4. France
Tonnes: 2,452
5. Russia
Tonnes: 2,299
6. China
Tonnes: 1,948
7. Switzerland
Tonnes: 1,040
8. Japan
Tonnes: 846
9. India
Tonnes: 754
10. The Netherland
Tonnes: 612
As you can see, the United States states the highest gold reserves in the world and the Netherland is at number ten. The U.S is not only the largest but also the highest gold allocation as a percentage of its foreign reserves. In the last seven years, Russia has been the largest purchaser purchasing 274 tons in 2018 alone.