Countries with the largest gold reserves

During political and financial uncertainty, most governments depend on their gold reserves as the most reliable investment in securing assets. As of March 2024, gold hit a record high after the precious metal scaled to $2,100 per ounce.

For years, gold has been a valuable asset countries have held as a means to boost their foreign exchange reserves and stabilise the national currency.

According to Insidermonkey, a financial publishing firm, here are the ten countries that have the largest gold reserves in the world;