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top 10 countries with Reserve Gold
the top 10 countries in the world with the largest gold reserves:
United States - 8,133.5 tonnes
The United States has the largest gold reserves in the world, with over 8,000 tonnes of gold stored in Fort Knox, Kentucky, as well as in other locations. The country's gold holdings represent around 75% of its foreign reserves, which is the largest percentage among major economies. The United States has a long history of using gold as a currency and continues to hold a significant amount of gold for its perceived value and as a strategic asset.
Germany - 3,363.6 tonnes
Germany has the second-largest gold reserves in the world, with over 3,300 tonnes of gold. Germany's gold reserves have been built up over decades, with much of it stored abroad for safety reasons during the Cold War. The German central bank, the Bundesbank, has been repatriating much of its gold holdings in recent years, bringing them back to Frankfurt for safekeeping.
Italy - 2,451.8 tonnes
Italy has the third-largest gold reserves in the world, with over 2,400 tones of gold. Italy's gold holdings represent around 69% of its foreign reserves. Italy's gold reserves were built up during the 20th century as the country accumulated wealth from its industrialization and became a major economic power in Europe.
France - 2,436 tones
France has the fourth-largest gold reserves in the world, with over 2,400 tones of gold. France's gold holdings represent around 60% of its foreign reserves. France has a long history of using gold as a currency and has built up its gold reserves over centuries of wealth accumulation.
Russia - 2,299.1 tones
Russia has the fifth-largest gold reserves in the world, with over 2,200 tones of gold. Russia has been increasing its gold holdings in recent years as part of a broader strategy to diversify away from the US dollar and other foreign currencies. Russia has also been increasing its gold production, making it one of the world's largest gold producers.
China - 1,948.3 tonnes
China has the sixth-largest gold reserves in the world, with over 1,900 tones of gold. China has been steadily increasing its gold holdings in recent years as part of a broader strategy to diversify its foreign reserves away from the US dollar. China is also the world's largest gold producer, with much of its production going to meet domestic demand.
Switzerland - 1,040 tonnes
Switzerland has the seventh-largest gold reserves in the world, with over 1,000 tonnes of gold. Switzerland has a long history of using gold as a currency and has built up its gold reserves over centuries. Today, much of Switzerland's gold is held in vaults beneath the streets of Zurich and Geneva.
Japan - 765.2 tones
Japan has the eighth-largest gold reserves in the world, with over 750 tones of gold. Japan's gold holdings represent around 3% of its foreign reserves. Japan has been increasing its gold holdings in recent years as part of a broader strategy to diversify its foreign reserves away from the US dollar.
India - 687.8 tonnes
India has the ninth-largest gold reserves in the world, with over 680 tonnes of gold. India is one of the world's largest consumers of gold, with much of its gold being used for jewelry and as a store of value. India's gold reserves represent around 6% of its foreign reserves.
Netherlands - 612.5 tones
The Netherlands has the tenth-largest gold reserves in the world,
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