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10 countries with largest gold reserves in the world
The World Gold Council estimates that central banks will have purchased 500 tonnes of gold in 2012, up from 465 tonnes last year, according to Business Insider.
Global gold reserves total 31,491 tonnes as of December 2012, it says.
Let's have a look at 10 countries with largest gold reserves in the world.
Source: Business Insider
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10 countries with largest gold reserves in the world
The United States
Official gold holdings: 8,133.5 tonnes
Per cent of foreign reserves in gold: 76.1 per cent
Global rank: 1
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10 countries with largest gold reserves in the world
Germany
Official gold holdings: 3,391.3 tonnes
Per cent of foreign reserves in gold: 73.2 per cent
Global rank: 2
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10 countries with largest gold reserves in the world
Italy
Official gold holdings: 2,451.8 tonnes
Per cent of foreign reserves in gold: 72.5 percent
Global rank: 3
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10 countries with largest gold reserves in the world
France
Official gold holdings: 2,435.4 tonnes
Per cent of foreign reserves in gold: 72.0 per cent
Global rank: 4
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10 countries with largest gold reserves in the world
China
Official gold holdings: 1,054.1 tonnes
Per cent of foreign reserves in gold: 1.7 per cent
Global rank: 5
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10 countries with largest gold reserves in the world
Switzerland
Official gold holdings: 1,040.1 tonnes
Per cent of foreign reserves in gold: 11.0 per cent
Global rank: 6
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10 countries with largest gold reserves in the world
Russia
Official gold holdings: 934.9 tonnes
Per cent of foreign reserves in gold: 9.8 per cent
Global rank: 7
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10 countries with largest gold reserves in the world
Japan
Official gold holdings: 765.2 tonnes
Per cent of foreign reserves in gold: 3.3 per cent
Global rank: 8
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10 countries with largest gold reserves in the world
The Netherlands
Official gold holdings: 612.5 tonnes
Per cent of foreign reserves in gold: 60.3 per cent
Global rank: 9
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10 countries with largest gold reserves in the world
India
Official gold holdings: 557.7 tonnes
Per cent of foreign reserves in gold: 10.3 per cent
Global rank: 10