Wednesday 22 November 2023

Gold reserves of countries (tonnes):

Gold reserves of countries (tonnes):

1. 🇺🇸 United States (8133)
2. 🇩🇪 Germany (3355)
3. 🇮🇹 Italy (2452)
4. 🇫🇷 France (2437)
5. 🇷🇺 Russia (2330)
6. 🇨🇳 China (2113)
7. 🇨🇭 Switzerland (1040)
8. 🇯🇵 Japan (846)
9. 🇮🇳 India (797)
10. 🇳🇱 Netherlands (612)
11. 🇹🇷 Turkey (440)
12. 🇪🇺 Euro Area (507)
13. 🇹🇼 Taiwan (424)
14. 🇺🇿 Uzbekistan (377)
15. 🇵🇹 Portugal (383)
16. 🇰🇿 Kazakhstan (314)
17. 🇸🇦 Saudi Arabia (323)
18. 🇬🇧 United Kingdom (310)
19. 🇱🇧 Lebanon (287)
20. 🇪🇸 Spain (282)
21. 🇦🇹 Austria (280)
22. 🇹🇭 Thailand (244)
23. 🇵🇱 Poland (277)
24. 🇧🇪 Belgium (227)
25. 🇩🇿 Algeria (174)
26. 🇻🇪 Venezuela (161)
27. 🇵🇭 Philippines (158)
28. 🇸🇬 Singapore (225)
29. 🇧🇷 Brazil (130)
30. 🇮🇶 Iraq (130)
31. 🇪🇬 Egypt (126)
32. 🇸🇪 Sweden (126)
33. 🇿🇦 South Africa (125)
34. 🇲🇽 Mexico (120)
35. 🇱🇾 Libya (117)
36. 🇬🇷 Greece (114)
37. 🇷🇴 Romania (104)
38. 🇰🇷 South Korea (104)
39. 🇭🇺 Hungary (94.49)
40. 🇶🇦 Qatar (93.38)
41. 🇦🇪 United Arab Emirates (74.49)
42. 🇦🇺 Australia (79.84)
43. 🇰🇼 Kuwait (78.97)
44. 🇮🇩 Indonesia (78.57)
45. 🇩🇰 Denmark (66.55)
46. 🇵🇰 Pakistan (64.66)
47. 🇦🇷 Argentina (61.74)
48. 🇧🇾 Belarus (53.64)
49. 🇰🇭 Cambodia (42.61)
50. 🇫🇮 Finland (49.02)

Some insights on gold reserves of nations:

1. The United States holds the largest gold reserves, with 8133 tonnes, reaffirming its status as a major player in the global economy.

2. Germany and Italy, with gold reserves of 3355 and 2452 tonnes respectively, underscore the economic stability of these European nations.

3. China, often associated with rapid economic growth, possesses 2113 tonnes of gold, highlighting its efforts to diversify its financial holdings.

4. Russia's gold reserves of 2330 tonnes align with its strategic approach of increasing its gold holdings as a hedge against economic uncertainties.

5. Smaller countries like Switzerland (1040 tonnes) and the Netherlands (612 tonnes) maintain substantial gold reserves, reflecting their role as financial hubs.p

6. India's gold reserves of 797 tonnes reflect the country's cultural affinity for gold and its historical significance as a store of value. Despite not being the largest holder, these reserves showcase India's recognition of gold's role in its economy and financial stability.

Reserves data: Trading Economics

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