Countries with Highest Gold Reserves: The rising prices of gold in 2026 have forced countries to increase their gold reserves for the security of their economies. Amid Middle East tensions, India's Prime Minister Narendra Modi recently appealed to citizens not to buy Gold for one year, so that we can save foreign exchange that will help in balancing India's economy. While discussing the countries with the highest gold reserves, it is pertinent to note that the US tops the list, and India is proud to be one of the leading gold-reserving countries in the world.
In 2026, gold has emerged as one of the most precious and trusted commodities in the world once again. With a massive increase in gold prices, countries are increasing their gold reserves to secure their economies from inflation, world wars, currency exchange rates and economic instability.
Top 10 Countries With the Highest Gold Reserves
Gold is a safe investment option during times of crisis, and this is why central banks around the world are purchasing and accumulating gold. Let’s see the top 10 countries with the highest gold reserves and where they store their gold.
| Rank | Country | Reserves (Tonnes) (Sep 2025) |
|---|---|---|
| 1 | United States | 8,133.46 Tonnes |
| 2 | Germany | 3,350.25 Tonnes |
| 3 | Italy | 2,452.84 Tonnes |
| 4 | France | 2,437 Tonnes |
| 5 | Russia | 2,330 Tonnes |
| 6 | China | 2,303.51 Tonnes |
| 7 | Switzerland | 1,040 Tonnes |
| 8 | India | 880 Tonnes |
| 9 | Japan | 846 Tonnes |
| 10 | Turkey | 641 Tonnes |
Source: World Gold Council and Trading Economics
1. United States – 8,133 Tonnes
The United States possesses the highest amount of gold reserves in the world. This is primarily stored in Fort Knox, Kentucky, and other Federal Reserve Banks. Most of the gold is stored under tight security as a safety measure for economic stability.
2. Germany – 3,350 Tonnes
Germany maintains its gold reserves in Frankfurt while storing some of its reserves in New York and London. The country has been gradually bringing back its gold reserves to the nation as a way to boost its financial trustworthiness.
3. Italy – 2,452 Tonnes
The Bank of Italy controls Italy's gold reserves, which the country stores in both Rome and international locations for trade purposes.
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4. France – 2,437 Tonnes
The Bank of France manages the gold reserves of France, which the country stores in underground vaults situated in Paris.
5. Russia – 2,330 Tonnes
Russia maintains most of its gold reserves inside the country to reduce its need for international currencies.
6. China – 2,304 Tonnes
The People’s Bank of China maintains most of the country’s gold reserves, which are stored in protected locations throughout China to support economic development.
7. Switzerland – 1,040 Tonnes
Switzerland safeguards its gold reserves in protected vaults that extend throughout the Swiss Alps, which represent the nation’s extensive banking and financial heritage.
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8. India – 880 Tonnes
The Reserve Bank of India (RBI) controls India's gold reserves, which it keeps in Mumbai and Nagpur and at overseas locations. India made a historic move in June 2025 by showing its gold vaults to the public for the first time through a documentary on JioCinema and Disney+ Hotstar.
9. Japan – 846 Tonnes
Japan stores its gold reserves at the Bank of Japan, which maintains most of its holdings within the country to protect currency stability and boost economic confidence.
10. Turkey – 641 Tonnes
Turkey stores its gold reserves primarily at the Central Bank of Turkey, which keeps its assets in multiple countrywide vaults and at certain commercial banking institutions.