Which Country Holds the Most Gold? New Global Reserve Rankings Explained
Gold remains one of the most powerful financial assets in the world, and countries continue to stack it as a shield against inflation, currency instability, and economic shocks. According to widely accepted international reserve statistics, the United States sits firmly at the top of the list, holding more gold than any other nation on Earth.
1. United States – The World’s Largest Gold Holder
America maintains an estimated 8,100+ tonnes of gold, stored mostly in Fort Knox and other high-security facilities. No other country comes close to this figure, making the U.S. the global leader in gold reserves for decades.
2. Germany – Europe’s Strongest Reserve Base
Germany follows in second place with more than 3,300 tonnes. Its reserves reflect the country’s long-term economic strategy focusing on stability and trust in physical assets.
3. Italy and France – Longstanding Gold Powers
Italy and France both hold over 2,400 tonnes each. Despite economic pressures, both countries have consistently refused to sell their gold, treating it as a national safety net.
4. China – Rapidly Expanding Gold Holdings
China has become one of the fastest-growing gold accumulators, crossing 2,200 tonnes and continuing to purchase large amounts each year to strengthen its currency position.
5. Russia – Strategic Stockpiling
Russia also holds over 2,300 tonnes, much of which was built up over the past decade as part of a policy to reduce dependence on foreign currencies.
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