10 countries have the highest gold reserves in the world.

10 countries have the highest gold reserves in the world.

Online Desk, Morenewsbd
Online Desk, Morenewsbd

Published: 11:51 5 October 2024

In recent times, the stock of gold as a precious metal is gradually increasing in many countries of the world due to increasing economic uncertainty. From economic uncertainty to geo-political instability, war-conflict - gold is considered a safe investment in all crises. As a result, the demand and price of gold increases in the global market.
Gold reserves play a special role in determining whether a country's economy is in a stable state or is about to face danger. Central banks trust gold as a safe asset.
The London-based World Gold Council (WGC) recently reported that some countries have the largest gold reserves. This account is for the end of the second quarter of 2024 (April to June).


According to WGC data, the United States has the largest gold reserves in the world. The country has reserves of 8 thousand 133.46 tons of gold.
Germany is in second place in Europe. The reserves of the country are 3 thousand 351.53 tons of gold. Italy is another European country in the third position. The country has 2 thousand 451.84 tons of gold. France is close to it. The country has 2 thousand 436.97 tonnes of gold reserves.
Russia ranks fifth in gold reserves. The country has reserves of 2 thousand 335.85 tons of gold.
China and Japan are in sixth and seventh position respectively. China has reserves of 2 thousand 264.32 tons of gold. 845.97 tons in Japan. And India is in the eighth position with 840.76 tons of gold.
In this regard, the position of Netherlands and Turkey is ninth and tenth respectively. The Netherlands has 612.45 tons of gold and Turkey has 584.93 tons.

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