10 Countries With Biggest Gold Reserves In The World

6. Switzerland
Official Gold Holdings: 1,040.1 Tonnes
Percentage Of Foreign Reserves In Gold: 10.0 Percent

 Switzerland is the most secured financial centers in the world. The Swiss National Bank sold 1,300 tonnes of gold from 2000-2005. In 2010, its gold reserves reached a quarter of its total reserves. Swiss National Bank conducts Switzerland's monetary policy and guards the country's 1,040.1 tonnes of gold whose worth is approximately $62 billion.

7. Russia
Official Gold Holdings: 976.9 Tonnes
Percentage Of Foreign Reserves In Gold: 9.5 Percent

Russia bought 15 tonnes of gold in 2011 and the Central Bank of Russia mostly buys gold from the domestic market and Russian bullion banks. Early 2011, the Central Bank of Russia said it planned to purchase over 100 tonnes of gold to rebuild its gold and Forex reserves. Russia’s gold reserves are worth approximately $50 billion.

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