Archive · 21 Nov 2025
Top 10 Countries With The Most Gold Reserves in 2025
Gold is important for countries to keep their money safe.
The US and Europe have the most gold, but other countries like China and India are buying more.
This is because they want to protect their money from things like inflation and currency changes.
Even small countries are buying more gold.
Central banks are doing this to be ready for uncertain times.
The US and Europe still dominate global gold reserves, with the US holding 8,133.5 tonnes and Europe collectively holding over 8,240 tonnes.
China has been steadily increasing its gold reserves, adding 331 tonnes between 2019 and 2024 to reach 2,279.6 tonnes.
Emerging markets like India, Japan, Turkey, and Poland have also been actively building their gold reserves.
Smaller nations such as Switzerland, Uzbekistan, and Saudi Arabia continue to fortify their reserves.
Central banks worldwide are increasing gold exposure due to inflation risks, currency fluctuations, and geopolitical alignments.
- Who
- Central banks worldwide
- What
- Increasing gold reserves
- When
- 2019-2024 (and ongoing)
- Where
- Worldwide
- Why
- To hedge against inflation, currency fluctuations, and geopolitical risks
Western Countries
Emerging Markets
Gold Reserves
Western Countries
Still dominate global gold reserves, with over 60% of total reported official reserves.
Emerging Markets
Catching up but still have a wide gap to close, actively preparing for uncertain future.
- Top Gold Reserves
- United States (8,133.5 tonnes)
- Second Largest
- Germany (3,351.6 tonnes)
- Third Largest
- Italy (2,451.9 tonnes)
- Fourth Largest
- France (2,437 tonnes)
- Fifth Largest
- China (2,279.6 tonnes)
