It contributes to the nation's creditworthiness in the issuance of currency and bonds. Holding amount of gold acts as a reserve currency for performing transactions in international trade. Largest gold reserves have remained mostly unchanged for the last few years.
|
Country |
Amount in Tonnes |
|
|
USA |
8133.5 |
|
|
Germany |
3367 |
|
|
Italy |
2452 |
|
|
France |
2437 |
|
|
Russia |
2220 |
|
|
China |
1938 |
|
|
Switzerland |
1040 |
|
|
Japan |
765.2 |
|
|
India |
618.2 |
|
|
Netherlands |
612.5 |
Data as on March 2020
