(#) Switzerland

Switzerland is infamous for chocolates, watches, knives and many more but it is best acknowledged as a financial centre. The official gold holdings account for 1040 tonnes of gold that is 8 percent of foreign reserves in gold with a net worth of $62 billion.

The Swiss National Bank put up on sale for the 1,300 tonnes of gold from 2000-2005. In 2010, its gold reserves accomplished a quarter of its total reserves.

(#) China

China tops the world in population but its official gold holdings are 1054.1 tonnes that is just 1.1 percent of foreign reserves in gold in spite of investing heavily in gold market developments by the government.

Moreover, China has reportedly made major gold purchases in 2011 as it tried to broaden its horizons from its holdings of U.S.

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