Guess Which 10 Countries Have Largest Gold Reserves In The World
6. Switzerland
Switzerland, a country which is popular for chocolates, pockets, watches, knives etc. are also known for its financial reserves. The foreign exchange reserves in the Swiss Central bank are almost 400 billion francs and about 499 billion Swiss francs. When it comes to gold, it is coming closer to the global average. The country owns the official gold holdings of up to 1040.1 tonnes that is almost 8.3 percent of foreign reserves in gold with a net worth of $62 billion.
5. China
This is surprising but, China which is ranked first for its population in the world is fifth in this list of gold reserves. China has invested heavily in gold market developments but they have around 1.6 percent of gold reserves with a net worth of $63 billion. The government officially holds about 10544.1 tonnes of gold and it owns about $3 trillion in U.S. dollars in its financial reserves.
4. France
We are nearing towards the country owning largest gold reserves and France is fourth in this list. Banque De France, the national bank of France officially holds gold up to 2435.4 tonnes, a net worth up to $146 billion, which is around 66.1 percent of gold in foreign reserves.
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