Top 8 Nations with Largest Gold Reserves Globally; Where Does India Stand?
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Global Gold Powerhouses: USA Dominates, India Ranks 8th with 880.2 Tons
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News18•14-03-2026, 18:49
Global Gold Powerhouses: USA Dominates, India Ranks 8th with 880.2 Tons
•USA holds the largest gold reserves globally (8,133.5 tons), strengthening the dollar and stored securely in Fort Knox and New York Federal Reserve.
•Germany (3,359.2 tons), Italy (2,451.8 tons), and France (2,437.0 tons) are key Eurozone players, using gold for stability and as a financial safety net.
•Russia (2,332.7 tons) and China (2,303.5 tons) are rapidly accumulating gold to reduce dollar dependence and strengthen their currencies, with China's true reserves possibly higher.
•Switzerland (1,040.0 tons) boasts the highest GDP to gold ratio, maintaining currency stability and its reputation as a global financial hub.
•India ranks 8th with 880.2 tons in official reserves (RBI buying for volatility protection); Indian households also hold an estimated 25,000 tons, making it the largest individual gold holder.