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Global Gold Reserves: Who Owns the Most Bullion!

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Visual Capitalist’s latest map reveals the global distribution of official gold reserves across countries. The United States remains by far the largest holder, with 8,133.5 tonnes stored in places like Fort Knox and the New York Fed — a strategic anchor for the dollar. In Europe, Germany (3,351.6 t), Italy (2,451.9 t), and France (2,437 t) collectively rival the U.S. in gold stock.

Russia holds around 2,333 t, while China has boosted its reserves to 2,279.6 t as part of a diversification strategy. Switzerland (1,039.9 t) also retains significant gold holdings. Among emerging markets, India is notable, with 876.2 t, followed by Japan (846 t), the Netherlands (612.5 t), and Turkey (595.4 t).

Smaller but still sizable reserves are held by countries like Poland, Saudi Arabia, Uzbekistan, Thailand, Kazakhstan, and Singapore, reflecting a broader trend: nations across the world are holding gold to hedge against currency risk and geopolitical uncertainty.

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