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These countries own the most gold in the world

Who's stockpiling gold?
30) Sweden: 125.7 tonnes
29) Singapore: 127.4 tonnes
28) Thailand: 154 tonnes
27) Venezuela: 161.2 tonnes
26) Algeria: 173.6 tonnes
25) Philippines: 188.8 tonnes
24) Belgium: 227.4 tonnes
23) Poland: 228.7 tonnes
22) Austria: 280 tonnes
21) Spain: 281.6 tonnes
20) Lebanon: 286.8 tonnes
19) United Kingdom: 310.3 tonnes
18) Saudi Arabia: 323.1 tonnes
17) Uzbekistan: 332.5 tonnes
16) Portugal: 382.5 tonnes
15) Kazakhstan: 387.9 tonnes
14) Taiwan: 423.6 tonnes
13) European Central Bank: 504.8 tonnes
12) The Netherlands: 612.5 tonnes
11) India: 676.6 tonnes
10) Turkey: 716.3 tonnes
9) Japan: 765.2 tonnes
8) Switzerland: 1,040 tonnes
7) China: 1,948.3 tonnes
6) Russia: 2,298.53 tonnes
5) France: 2,436.19 tonnes
4) Italy: 2,451.8 tonnes
3) International Monetary Fund: 2,814.1 tonnes
2) Germany: 3,362.45 tonnes
1) USA: 8,133.46 tonnes
1 of 31
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Who's stockpiling gold?

Gold has long been viewed as the ultimate financial asset, and never more so than during times of financial crisis such as the current one caused by the coronavirus pandemic, which is why its price has soared to record highs. 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 2020 World Official Gold Holdings Chart, click or scroll through the top 30 countries that own the most gold as of 31 December 2020.

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lovemoney staff

29 May 2021

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