10 Countries With Largest Gold Reserves


(#) Netherland

Netherland is a country that is considered as a liberal society as their financial reserves are also fair enough. The official gold holdings are 612.5 tonnes and that accounts for 54.3 percent of foreign reserves in gold. The net worth of gold reserves comes up to $36 billion.

Amsterdam, the capital of Netherland has just 10 percent of gold reserves while the other 90 percent of gold reserves are in countries like the U.S., U.K., and Canada.

(#) Japan

Although, Japan possesses 765.2 tonnes of official gold holdings, it constitutes for only 2.5 percent of foreign reserves in gold. Japans gold reserves were just 6 tonnes in 1950 and it saw an extensive boom in 1959 with a steep increase by 169 tonnes from the previous year.

In 2011, the Bank of Japan sold gold to push ¥20 trillion into the economy to help investors after the tsunami and nuclear tragedy.

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