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;