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Value of gold reserves 2018, by country
Value of gold reserves 2018, by country
Gold reserves of largest gold holding countries worldwide as of the December 2018 (in metric tons)
This statistic presents the gold reserves of largest gold holding countries worldwide as of December 2018. In that time, the central bank of the United States held approximately 8,407.39 metric tons of gold.
Gold reserves - additional information
As of December 2018, the United States had the largest gold reserve – more than 8,000 metric tons of gold. This was more than twice the gold reserves of Germany and more than three times the gold reserves of Italy and France. China was ranked sixth for the amount of gold it has on reserve, but more gold is being mined in China than any other country in the world. While the share of gold reserves constituted 75.3 percent of the U.S. central bank holdings in 2016, in China this figure amounted to only 2.3 percent.
Australia on the other hand, is home to the largest gold mine reserves in addition to being the second largest producer of gold, after China. While gold no longer serves as an object of exchange and as a confirmation value, gold remains an investment asset for governments and it could provide a safeguard against inflation or recession. Yet it would not be the best time to do so, as the average price of gold has dropped slightly in the last few years from its peak in 2012.
Gold reserves of largest gold holding countries worldwide as of the December 2018 (in metric tons)
| Gold reserves in metric tons | |
|---|---|
| United States* | 8,407.39 |
| Germany | 3,483.21 |
| Italy | 2,534.41 |
| France | 2,518.08 |
| Russia | 2,184.19 |
| China* | 1,904.61 |
| Switzerland* | 1,075.02 |
| Japan | 790.99 |
| Netherlands | 633.08 |
| India* | 618.74 |
| Turkey* | 506.04 |
| Taiwan* | 437.89 |
| Portugal | 395.39 |
| Kazakhstan | 362.25 |
| Saudi Arabia** | 333.95 |
| United Kingdom | 320.74 |
| Lebanon* | 296.49 |
| Spain | 291.06 |
| Austria | 289.42 |
| Belgium | 235.05 |
| Gold reserves in metric tons | |
|---|---|
| United States* | 8,407.39 |
| Germany | 3,483.21 |
| Italy | 2,534.41 |
| France | 2,518.08 |
| Russia | 2,184.19 |
| China* | 1,904.61 |
| Switzerland* | 1,075.02 |
| Japan | 790.99 |
| Netherlands | 633.08 |
| India* | 618.74 |
| Turkey* | 506.04 |
| Taiwan* | 437.89 |
| Portugal | 395.39 |
| Kazakhstan | 362.25 |
| Saudi Arabia** | 333.95 |
| United Kingdom | 320.74 |
| Lebanon* | 296.49 |
| Spain | 291.06 |
| Austria | 289.42 |
| Belgium | 235.05 |
© Statista 2019
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Gold reserves - additional information
As of December 2018, the United States had the largest gold reserve – more than 8,000 metric tons of gold. This was more than twice the gold reserves of Germany and more than three times the gold reserves of Italy and France. China was ranked sixth for the amount of gold it has on reserve, but more gold is being mined in China than any other country in the world. While the share of gold reserves constituted 75.3 percent of the U.S. central bank holdings in 2016, in China this figure amounted to only 2.3 percent.
Australia on the other hand, is home to the largest gold mine reserves in addition to being the second largest producer of gold, after China. While gold no longer serves as an object of exchange and as a confirmation value, gold remains an investment asset for governments and it could provide a safeguard against inflation or recession. Yet it would not be the best time to do so, as the average price of gold has dropped slightly in the last few years from its peak in 2012.
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- Release date
- December 2018
- Region
- Worldwide
- Survey time period
- December 2018
- Supplementary notes
- *Data from November 2018 **Data from September 2018
Source
- Show sources information
- Show publisher information
- Release date
- December 2018
More information
- Region
- Worldwide
- Survey time period
- December 2018
- Supplementary notes
- *Data from November 2018 **Data from September 2018
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- Total weight of gold holdings by Romania from 2014 to 2018 (in tonnes)
- Total weight of gold holdings by Austria from 2014 to 2018 (in tonnes)
- Total weight of gold holdings by Russia from 2014 to 2018 (in tonnes)
- Total weight of gold holdings by Spain from 2014 to 2018 (in tonnes)
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- Gold reserves held by Brazil from 1st quarter 2015 to 3rd quarter 2018 (in metric tons)
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- Total reserves in Laos from 2008 to 2017 (in billion U.S. dollars)*
- Total weight of gold holdings by the Netherlands from 1st quarter 2000 to 2nd quarter 2018 (in tons)
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