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Top-10 countries that own the world's gold: US is No 1, guess where India ranks in 2020 list

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By CNBC-TV18 Mar 3, 2020 7:55:39 AM IST (Published)

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Apart from investors and the common man, gold is considered extremely valuable by central banks across the world as it can provide stability during a financial crisis. While India’s gold reserves are far lower than that of the US, the country has still managed to make the list of top-10 countries that have the highest reserve. Check out the 10 countries that own the most gold, according to the 2020 World Official Gold Holdings Charts. (Image: Reuters)
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Apart from investors and the common man, gold is considered an extremely valuable metal by central banks across the world as it can provide stability during a financial crisis. While India’s gold reserves are far lower than that of the US, the country has managed to make the list of top-10 countries that have the highest reserves. Check out the 10 countries that own the most gold, according to the 2020 World Official Gold Holdings Charts. (Image: Reuters)

No 10 | India: 633.1 tonnes (Image: Reuters)
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No 10 | India: 633.1 tonnes (Image: Reuters)

No 9 | Japan: 765.2 tonnes (Image: Reuters)
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No 9 | Japan: 765.2 tonnes (Image: Reuters)

No 8 | Switzerland: 1,040 tonnes (Image: Reuters)
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No 8 | Switzerland: 1,040 tonnes (Image: Reuters)

No 7 | China: 1,948.3 tonnes (Image: Reuters)
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No 7 | China: 1,948.3 tonnes (Image: Reuters)

No 6 | Russia: 2,271.2 tonnes (Image: Reuters)
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No 6 | Russia: 2,271.2 tonnes (Image: Reuters)

No 5 | France: 2,436 tonnes (Image: Reuters)
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No 5 | France: 2,436 tonnes (Image: Reuters)

No 4 | Italy: 2,451.8 tonnes (Image: Reuters
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No 4 | Italy: 2,451.8 tonnes (Image: Reuters

No 3 | International Monetary Fund: 2,814 tonnes (Image: Reuters)
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No 3 | International Monetary Fund: 2,814 tonnes (Image: Reuters)

No 2 | Germany: 3,366.5 tonnes (Image: Reuters)
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No 2 | Germany: 3,366.5 tonnes (Image: Reuters)

No 1 | US: 8,133.5 tonnes (Image: Reuters)
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No 1 | US: 8,133.5 tonnes (Image: Reuters)

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