Connect with us

Hi, what are you looking for?

WashingtonFinanceTimesWashingtonFinanceTimes

Investing

Golden Rankings: The Top 10 Countries with the Richest Gold Reserves

### The Top 10 Gold Reserves by Country

1. **United States**: Currently ranking first in gold reserves, the United States holds a staggering 8,133.5 tons of gold. The Federal Reserve Bank in New York holds the largest portion of this gold reserve.

2. **Germany**: Germany takes the second spot on the list with 3,362.4 tons of gold. The Deutsche Bundesbank manages and oversees the country’s significant gold holdings.

3. **Italy**: Italy holds the third-largest gold reserves globally, with 2,451.8 tons of gold. The Banca d’Italia safeguards these reserves.

4. **France**: With 2,436 tons of gold, France secures the fourth position in the list of top gold reserve countries. The Bank of France looks after the nation’s gold holdings.

5. **Russia**: Russia’s gold reserves amount to 2,299.9 tons, earning it the fifth spot on the list. The Central Bank of Russia is responsible for managing the country’s considerable gold resources.

6. **China**: China comes in at sixth place with 1,948.3 tons of gold stored in its reserves. The People’s Bank of China oversees and manages the nation’s gold holdings.

7. **Switzerland**: Switzerland’s gold reserves total 1,040 tons, securing it the seventh position on the list. The Swiss National Bank ensures the safekeeping of the country’s substantial gold reserve.

8. **Japan**: Japan holds 765.2 tons of gold in its reserves, placing it in eighth place on the list. The Bank of Japan manages and safeguards Japan’s valuable gold reserves.

9. **India**: With 618.2 tons of gold, India ranks ninth among the top gold reserve countries. The Reserve Bank of India is tasked with overseeing the nation’s gold holdings.

10. **Netherlands**: The Netherlands closes out the top 10 list of gold reserve countries with 612.5 tons of gold. De Nederlandsche Bank manages and safeguards the significant gold reserves of the country.

You May Also Like

World News

The trial was unprecedented from the moment it began. With journalists flocking to the courtroom, armed with their binoculars and batteries, the atmosphere was...

Investing

Western Copper and Gold Strengthens Management Team Western Copper and Gold Corporation has recently announced several strategic appointments to its management team, signaling a...

Investing

Certainly! Here is the well-structured and unique article based on the reference link provided: Emu Nl: A Comprehensive Review Emu Nl, the latest addition...

Investing

The article discusses the prediction of a financial crisis in 2024 by Lynette Zang and the importance of investing in gold and silver during...