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.

As of 2024, the United States ranked the world’s top gold reserve holder with 8,133.46 tonnes, nearly two and a half times more than Germany, the second-largest holder.

Western European countries dominate the top ten list, with five countries (Germany, Italy, France, Switzerland, and the Netherlands) collectively accounting for 32% of the gold reserves.

Asia is represented by China and Japan in East Asia and India in South Asia, with these three countries holding a total of 4,001.71 tonnes. In Central and Eastern Europe, the Russian Federation leads the region with 2,332.74 tonnes of gold reserves.

Source:

Central Banks, Federal Reserve Bank of St. Louis, International Monetary Fund, World Bank, World Gold Council

Period:

2024
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