Central Bank Gold Holdings
Gold Reserves
The US, Germany and Italy are the top three nations with the biggest gold reserves in the world. Their gold reserves are 8,100 tonnes, 3,400 tonnes and 2,500 tonnes respectively valued at USD 472 billion, USD 195 billion and USD 142 billion respectively.
Gold forms the largest part of the foreign exchange reserves of the US, Germany and Italy -- for example, the US has 66 per cent of its forex reserves in gold.
Among emerging markets, Russia, China and India are the fifth, sixth and ninth largest holders of gold reserves respectively -- with 2,300 tonnes, 1,900 and 750 tonnes of gold reserves.
The data are as of 31Dec2021, according to World Gold Council.
Table 1: Nations with the biggest gold reserves >
Forex Reserves
China, Japan and Switzerland are the top three nations with the biggest foreign exchange reserves. But gold forms only a small part of their total forex reserves.
The data are as of 31Dec2021, according to World Gold Council.
Table 2: Nations with the largest foreign exchange (forex) reserves >
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Disclosure: I've vested interested in Indian stocks and other investments. It's safe to assume I've interest in the financial instruments / products discussed, if any.
Disclaimer: The analysis and opinion provided here are only for information purposes and should not be construed as investment advice. Investors should consult their own financial advisers before making any investments. The author is a CFA Charterholder with a vested interest in financial markets.
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