Countries with the largest gold reserves
30. Sweden
The European nation holds 125.7 metric tons of gold, which represents 19% of Sweden's total forex reserve.
28. Brazil
The South American country has 129.6 tons of gold, but the figure only represents 3.8% of Brazil's total forex reserve.
26. Philippines
The Philippines comes next with 159.1 tons. This figure corresponds to a 10.2% share of the nation's total forex reserve.
24. Algeria
The North African country holds 173.5 tons of gold. This constitutes 21.2% of Algeria's forex reserves.
22. Belgium
The European country has 227.4 tons of gold. Gold holdings represent 49.9% of Belgium's forex reserves.
20. Austria
The European nation has 279.9 tons of gold, which is 68.3% of the country's forex reserves.
18. Kazakhstan
Kazakhstan comes next, with 290.5 tons of gold, which constitutes a 57.8% share of the nation's forex reserves.
16. Saudi Arabia
Saudi Arabia places 16th on the list with 323.1 tons of gold, but this only constitutes 4.7% of the country's forex reserves.
14. Portugal
Portugal has a gold reserve of 382.6 tons. This number corresponds to 84% of the nation's total forex reserves.
12. Poland
Poland comes next with 509.3 tons in gold holdings, representing a 22% share of the nation's forex reserves.
10. Turkey
Turkey cracks the top 10 with 623.9 tons of gold. The country's gold holdings represent 43.6% of its forex reserves.
8. India
India comes next with 879.6 tons of gold, which corresponds to 13.4% of the country's forex reserves.
6. China
China has 2,292.3 tons of gold in its vaults, but this corresponds to only 6.5% of the country's total forex reserves.
4. France
France has a total of 2,437 tons of gold in its central bank vaults. The precious metal constitutes 74.7% of the nation's forex reserve.
2. Germany
Germany is the runner-up when it comes to gold holdings. The European nation has 3,351.2 tons in its vaults, which corresponds to 77.1% of the nation's forex reserves.
