Who's stockpiling gold?
Gold has long been viewed as the ultimate financial asset, and never more so than during times of uncertainty and financial crisis, as we found ourselves in now. While we no longer use the ‘gold standard’ to determine the value of currencies, the precious metal is still incredibly useful and held by many central banks because it provides stability as it’s not impacted by political changes or economic shocks, plus it’s a liquid asset which means it can be converted to cash if needed.
But who has the most stashed away? Using the latest data from GoldHub, read on to see the 30 countries that own the most gold as of the second quarter of 2022. All dollar values in US dollars.