Based on data from several sources, the countries with the largest gold reserves are the USA, Germany, and Italy.
As a hedge and a store of value, gold continues to be significant in times of economic uncertainty. 2023 saw the metal set a new record in December, demonstrating its significance once more in the face of ongoing global dangers and uncertainties surrounding US interest rates.
According to the 2030 projections from World Data Lab, China and India are expected to be the world’s largest consumer markets in 2030.
The following graphic, created by Sam Parker and introduced by Bruno Venditti of Visual Capitalist, shows the top 11 nations in terms of gold reserves as of September 2023. It is based on information from central banks, the World Bank, the Federal Reserve Bank of St. Louis, the International Monetary Fund, and the World Gold Council.
Central Bank Gold Demand
The majority of the gold in the world is kept in a variety of places, such as jewelry ho...
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