Global Gold Hoarding: Which Nations Hold the Biggest Stashes?

When it comes to precious metal reserves, gold remains the ultimate status symbol for national wealth. Here’s the breakdown of the top 10 countries with the most gold reserves, and yes, some of these numbers might surprise you.

The Western Dominance

The United States sits comfortably at the top with 8,133.5 tons of gold—a commanding lead that reflects decades of economic strength and strategic positioning. This massive reserve is nearly two and a half times larger than the second-place holder.

Germany claims the number two spot with 3,351.9 tons, while Italy and France follow closely behind with 2,451.8 tons and 2,437.0 tons respectively. These European powers have carefully accumulated gold reserves as a hedge against economic uncertainty.

Eastern Contenders

Russia holds 2,335.9 tons, positioning itself as a significant player in global gold reserves. Just slightly behind, China has secured 2,264.3 tons—and many analysts believe Beijing is quietly accumulating even more beyond official figures.

Switzerland, despite being a smaller nation, punches above its weight with 1,040.0 tons of gold reserves, reflecting its role as a traditional safe haven for wealth.

The Rest of the Pack

Japan enters the top ten with 846.0 tons, India holds 827.7 tons, and the Netherlands rounds out the list at 612.45 tons.

These gold stockpiles represent far more than shiny metal—they’re a tangible measure of economic power, monetary stability, and geopolitical influence in an uncertain world.