International Desk: Gold reserves play a special role in keeping the economy of a country stable. Central banks also rely on gold as a safe-haven asset.
Gold
Recently, the London-based World Gold Council (WGC) said which country has the largest gold reserves. This account is for the end of the second quarter of 2024 (April to June).
According to the WGC data, the countries in the list of countries with the largest reserves of gold in the world are-
The United States has the largest gold reserves in the world. The country has reserves of 8 thousand 133.46 tons of gold.
Germany is in second place in Europe. The country has reserves of 3 thousand 351.53 tons of gold.
Italy is another European country in the third position. The country has 2 thousand 451.84 tons of gold. France is close to it. The country has 2 thousand 436.97 tonnes of gold reserves.
Russia ranks fifth in gold reserves. The country has reserves of 2 thousand 335.85 tons of gold.
China and Japan are in sixth and seventh position respectively. 2 thousand 264.32 tons of gold is stored in China. 845.97 tons in Japan. And India is in the eighth position with 840.76 tons of gold.
In this regard, the position of Netherlands and Turkey is ninth and tenth respectively. The Netherlands has 612.45 tons of gold and Turkey has 584.93 tons.
