10 Countries with Highest Gold Reserves
2. Germany
Official gold holdings: 3,391.3 tonnes
Percent of foreign reserves in gold: 72.1 percent
The Deutsche Bundesbank, Germany’s central bank, has 3,391.3 tonnes of gold reserves, which are valued at about $125.01 billion. According to the World Gold Council, Germany’s gold coffers account for 72.1 percent of total foreign reserves. Under CBGA 1 and 2, Germany sold gold in order to mint commemorative gold coins. In the third Central Bank Gold Agreement, Germany sold 6 tonnes of gold and sold 4.7 tonnes since September, 2011.
1. United States
Official gold holdings: 8,133.5 tonnes
Percent of foreign reserves in gold: 75.1 percent
The most famous gold stockpile in the world is the United States Bullion Depository in Kentucky, otherwise known as Fort Knox. In 1952, U.S. had its largest gold reserves in terms of volume. Currently United States has the official gold holdings of 8,133.5 tonnes and 75.1 percent of foreign reserves.
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