Apart from investors and the common man, gold is considered an extremely valuable metal by central banks across the world as it can provide stability during a financial crisis. While India’s gold reserves are far lower than that of the US, the country has managed to make the list of top-10 countries that have the highest reserves. Check out the 10 countries that own the most gold, according to the 2020 World Official Gold Holdings Charts.
No 10 | India: 633.1 tonnes
No 9 | Japan: 765.2 tonnes
No 8 | Switzerland: 1,040 tonnes
No 7 | China: 1,948.3 tonnes
No 6 | Russia: 2,271.2 tonnes
No 5 | France: 2,436 tonnes
No 4 | Italy: 2,451.8 tonnes (Image: Reuters
No 3 | International Monetary Fund: 2,814 tonnes
No 2 | Germany: 3,366.5 tonnes
No 1 | US: 8,133.5 tonnes
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