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.