Gold reserves - Intelpoint

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The US gold reserve of over 8,000 tonnes is higher than Germany's and Italy's gold reserves combined

Key takeaways:

The United States holds the largest national gold reserves in 2024, totalling 8,133.46 tonnes.
Western European countries in the top ten list collectively hold 9,892.76 tonnes of gold reserves.
China, India, and Japan are the only Asian countries in the top 10, together holding 4,001.71 tonnes.
The Russian Federation is the leading gold reserve holder in Central and Eastern Europe, with 2,332.74 tonnes.
All countries in the top ten list maintain at least 600 tonnes of gold reserves.
The total gold reserve held by the top ten countries amounted to 24,360.67 tonnes.

China tops the global reserves chart in 2024, holding nearly three times Japan’s reserves and having 5.53% of its total reserves as gold reserves

Key takeaways:

China leads all nations with total reserves of $3.46 trillion while holding 5.53% of its share in gold reserves.
The top 15 countries collectively hold a total reserve of $10.78 trillion.
Despite being the global leader in gold reserves, the United States ranks third in total reserves.
The largest share of the United States' total reserves is from its gold reserve holdings of 74.97%.
Countries in the top fifteen list hold at least $236.9 billion each in total reserves.
The United States, France, and Italy have more than 70% of their total reserve holdings in gold.

North and Southern Africa grew their reserve in 2023, while West, East, and Central Africa saw declines

North Africa dominates with 53.8% of Africa’s total reserves.
West Africa holds 17.6%, despite economic challenges.
Southern Africa accounts for 20.3%, benefiting from strong reserves in South Africa.
East Africa lags behind with 4.4%, indicating lower reserve accumulation in the region.
Central Africa holds the smallest share at 4%, reflecting economic struggles and weak financial buffers.

In 2023, Libya and Algeria topped Africa’s reserves, as Egypt faced decline

Libya leads Africa’s reserves with $92.4B, followed by Algeria ($81.2B) and South Africa ($62.5B).
Morocco $36.3B reserve places it fourth among African nations.
Egypt’s holds $33.1B, maintaining a strong reserve position.
Angola ($13.9B), Tunisia ($9.24B), Kenya ($7.34B), Mauritius ($7.25B), and DR Congo ($5.1B) round out the top 10.
Libya and Algeria’s strong reserves highlight North Africa’s dominance in the Black continent reserve.

Five of the top tep African countries with the largest gold reserves are North African

Half of the top 10 African countries with significant gold reserves come from North Africa, with Algeria leading with 174 tonnes. Egypt and South Africa come in second and third with 126 tonnes and 125 tonnes, respectively. Algeria, Egypt, South Africa, and Libya hold the most significant gold reserves.