Gold is considered a pillar of economic security worldwide. Central banks keep gold as protection against currency volatility and as a key component of foreign exchange reserves. According to global financial data, the United States holds the largest gold reserves in the world, with approximately 8,133 tonnes of gold.
Top Countries with the Largest Gold Reserves
Several major economies in Europe and Asia follow behind:
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Germany – 3,362 tonnes
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Italy – 3,350 tonnes
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France – 2,452 tonnes
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Russia – 2,327 tonnes
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China – 2,306 tonnes
Other notable holders include Switzerland, India, and Japan.
Emerging Economies on the List
Countries like Turkey and Netherlands also rank in the top 11, holding around 614 tonnes and 612 tonnes respectively.
Meanwhile, some nations maintain very limited reserves. For example, Saudi Arabia holds 323 tonnes, while the United Arab Emirates has around 74 tonnes. Smaller economies such as Armenia, Kenya, Fiji, and Uruguay have extremely low or near-zero official gold reserves.
Pakistan’s Position in Global Gold Reserves
In the global ranking, Pakistan stands in the mid-tier category. Pakistan holds approximately 64.77 tonnes of gold, placing it around 48th position worldwide.
Although this figure is small compared to leading economies, it is higher than several smaller and developing countries. These reserves provide a moderate cushion for financial stability and foreign exchange security.
