Countries That Owns the Highest Amount of Gold in the World | Forbes Report 2024
Gold has long been a symbol of wealth and power, playing a crucial role in the global economy. Nations hoard gold to secure their financial stability, hedge against inflation, and maintain reserve liquidity. Among these countries, the United States stands out as the unrivaled leader in gold reserves. The Top Ten Gold Hoarding Nations Let's delve into the top ten countries with the largest gold reserves, analyzing their holdings and what it signifies for their economies. 1. United States of America - Gold Reserves: 8,133.46 tonnes - Value: $579,050.15 million - Percentage of Holdings: 71.33% The United States holds the largest gold reserves by a significant margin. With over 8,133 tonnes of gold, the U.S. reserves constitute 71.33% of its total foreign reserves. This vast stockpile, valued at approximately $579 billion, underscores the importance of gold in the American financial system, serving as a cornerstone of its economic security. 2. Germany - Gold Reserves...
