Top-10 countries that own the world's gold: US is No 1, guess where India ranks in 2020 list
Friday, March 13, 2020 IST
Apart from investors and the common man, gold is considered an extremely valuable metal by central banks across the world as it can provide stability during a financial crisis. While India’s gold reserves are far lower than that of the US, the country has managed to make the list of top-10 countries that have the highest reserves. Check out the 10 countries that own the most gold, according to the 2020 World Official Gold Holdings Charts.
No 10 | India: 633.1 tonnes
No 9 | Japan: 765.2 tonnes
No 8 | Switzerland: 1,040 tonnes
No 7 | China: 1,948.3 tonnes
No 6 | Russia: 2,271.2 tonnes
No 5 | France: 2,436 tonnes
No 4 | Italy: 2,451.8 tonnes
No 3 | International Monetary Fund: 2,814 tonnes
No 2 | Germany: 3,366.5 tonnes
No 1 | US: 8,133.5 tonnes
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