List of Countries with Most Gold Owners – Gold is one of the most valuable pieces of jewelry that can be resold and refunded. The following is a list of countries with the most gold reserves in the world
This country, which is a romantic vacation destination, in fact also has abundant precious metal assets. France is known to have gold reserves of 2,436 tons or 130 tons more than Russia. The reserves are in the form of coins and a number of gold bars weighing 12.5 kilograms.
In recent years, France has only sold a small amount of their gold reserves. They even called for the withdrawal of some assets held in foreign vaults and their transfer to the Banque de France Warehouse in Paris.
Not to be outdone by France and Russia, Italy became the next country with the most gold reserves. Italy is known to have 2,451.8 tons of gold.
Amazingly, unlike most other countries, Italy’s assets are relatively stable, not fluctuating. They even refused to sell gold to other countries during the 2011 eurozone crisis. Italy’s gold reserves consist mostly of gold bullion and coins all of which are securely deposited in the Bank of Italy.
Possessing 1,000 tons more gold than Italy, Germany ranks second as the country with the most gold reserves in the world, at 3,362.4 tons. Whether because there are too many or what, Germany is known to have a variety of storage places. Be it at home or abroad.
Germany keeps its gold reserves in the Deutsche Bundesbank located in Frankfurt. They also hold hundreds of tons of gold, the Federal Reserve Bank of the United States in New York and the Bank of England in London.
Also Read : Tips for Wearing Gold Jewelry for Men
1. United States of America
You could say, the United States is one of the countries that almost always gets the first title in many ways, including the matter of the country’s gold reserves. Reported by Good Returns, this country has gold reserves of 8,133.5 tons which makes it perched in the first position.
If most countries store gold in other countries, the United States keeps it domestically, precisely in The United States Bullion Depository or commonly called Fort Knox. This fort-like building has an insane level of security and is located close to an army post. Not only that, the United States has also opened gold storage services for other countries.