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Top 10 countries highest gold reserve. Know which country has a lot of gold reserves, India is also included in the top 10

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Top 10 countries highest gold reserve

new Delhi. The International Monetary Fund (IMF) and the World Gold Council (WGC) on Thursday issued a top-10 list of countries with thousands of tonnes of gold by August 2020. America ranks first on the list. At the same time, India is also among the top 10 countries in the world in terms of gold reserves. According to the World Gold Council, you also know which 10 countries have the highest gold reserves in the world and which position India is on.

  • According to a report released by Business Insider, the US has the largest gold reserves in the world. America's Gold Fund has a total of 8133.5 metric tons of gold. Gold accounts for 79 percent of this country's foreign exchange reserves.
  • Germany ranks second in the world in terms of gold reserves. This country has a total gold fund of 3,363.6 MT. Gold accounts for 75.6 percent of the foreign exchange reserves.
  • Italy has the third highest gold reserves in the world. Italy has a total gold fund of 2,451.8 MT. Gold accounts for 71.3 percent of this country's foreign exchange reserves.
  • France comes in fourth place in terms of gold reserves. France has a total gold reserves of 2,436 metric tons. Gold accounts for 65.5 per cent of this country's foreign exchange reserves.
  • Russia is at the fifth position in terms of gold reserves. Russia has a total gold reserves of 2,299.9 metric tons. Gold accounts for 23 percent of this country's foreign exchange reserves.
  • China is India's neighbor at sixth position. China has a reserves of 1,948.3 metric tonnes of gold. Gold accounts for 3.4% of this country's foreign exchange reserves.
  • Switzerland is the seventh country in the European country. Russia has a total reserves of 1,040 metric tons of gold. Gold accounts for 6.5 percent of this country's foreign exchange reserves.
  • The Asian country at the eighth position is Japan, which has a total gold reserves of 765.2 metric tons. Gold accounts for 3.2 percent of this country's foreign exchange reserves.

Know how much gold India has

At the same time, India is in 9th position in terms of gold reserves. India has a total gold reserves of 657.7 MT. Gold accounts for 7.5 per cent of India's foreign exchange reserves. India had gold reserves of $ 33.9 billion in June. In addition, it has been gradually increasing the total amount of gold reserves since February this year. According to the data, it increased 6.8 tonnes of gold in February, 11.2 tonnes in March, 1.2 tonnes in April and 2.8 tonnes in May.

  • The Netherlands ranks 10th in terms of gold reserves. The Netherlands has a total gold reserves of 612.5 MT. Gold accounts for 71.4 percent of this country's foreign exchange reserves.

This post was published on August 20, 2020 11:08 pm

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