8 countries with the highest gold reserves

Gold isn’t just bling for that jewelry box, but is also a shiny backbone of economies. For centuries, it’s been the universal symbol of wealth, and power. Even in today’s world of crypto and digital payments, gold still holds its timeless charm as a symbol of security, stability, and wealth.

According to the latest World Gold Council data, here are the eight countries that have the highest gold reserves.

United States

The gold reserves of the United States remained unchanged at 8,133.46 tonnes in the second quarter of 2025, which is the same level recorded in the first quarter of the year. From 2000 to 2025, US gold reserves have averaged 8,134.78 tonnes, highlighting their consistency over time. The reserves reached an all-time high of 8,149.05 tonnes in the third quarter of 2001, while the lowest point during the period was 8,133.46 tonnes in the third quarter of 2005.

The United States continues to lead the world by a wide margin in official gold holdings.Read more: Durga Puja 2025: 10 best places in India to join the festivities

Germany

Germany’s gold reserves slipped to 3,350.25 tonnes in the second quarter of 2025, down from 3,351.28 tonnes recorded in the first quarter.Over the long term, Germany’s reserves have averaged 3,398.28 tonnes between 2000 and 2025, and reached an all-time high of 3,468.60 tonnes in the second quarter of 2000, while the current figure of 3,350.25 tonnes marks the lowest level in the 25-year period.

Germany continues to rank second globally in terms of official gold holdings, behind only the United States.

Italy

When it comes to gold, Italy has clearly maintained its consistency. The country’s reserves stood at 2,451.84 tonnes in the second quarter of 2025, same as in the first quarter. In fact, they’ve been the same for so long that the data reads less like a financial chart. From 2000 until 2025, Italy’s reserves averaged 2,451.84 tonnes, because, well, they’ve pretty much always been 2,451.84 tonnes.

The so-called “all-time high”? 2,451.84 tonnes in Q2 2000.

The “record low”? 2,451.84 tonnes in Q1 2023, which is exactly the same number. Italy may be the land of pizza, pasta, and passion, but when it comes to gold, it’s all about predictability.

France

France’s gold reserves stood at 2,437 tonnes in Q2 2025, exactly the same as in Q1. Once towering at over 3,000 tonnes back in 2002 and dipping to 2,435.38 tonnes in 2012, today the stash seems content where it is.Read more: 10 famous tourism taglines of Indian states

Russia

Russia’s gold reserves remained unchanged at 2,329.63 tonnes in the second quarter of 2025, the same level as in the first quarter. From 2000 to 2025, reserves averaged 1,181.88 tonnes, reaching an all-time high of 2,335.85 tonnes in Q2 2024 and a record low of 343.41 tonnes in Q2 2000.

China

China ranks sixth with around 2,279.6 tonnes of gold in its reserves. While this is a significant figure, it represents only a small percentage of China’s massive overall foreign reserves.

The People’s Bank of China periodically reports increases in gold holdings, signaling its steady accumulation strategy.

Switzerland

Despite being a relatively small country, Switzerland has about 1,040 tonnes of gold reserves, placing it seventh on the list. Switzerland’s role as a global financial hub and its long history of neutrality contribute to its large holdings. The reserves are managed by the Swiss National Bank, and they remain an important part of the nation’s financial identity.

India

India’s gold reserves inched up to 880 tonnes in Q2 2025, a slight rise from 879.60 tonnes in Q1 — but enough to mark an all-time high. Between 2000 and 2025, reserves averaged 531 tonnes, with the lowest point at 357.75 tonnes back in Q2 2001. From modest beginnings to record highs, India’s gold story just keeps shining.