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  • The Top 10 Countries by Gold Reserves in 2024

    Mon Aug 19 2024

     

    Top 10 Countries by Gold Reserves in 2024

     

    This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In 2024, gold prices have surged almost 20%, driven by significant central bank purchases, robust consumer demand in China, and increased interest in safe-haven assets due to geopolitical uncertainties.

     

    In this graphic, we show the top 10 countries by total gold reserves (tonnes) as of May 2024. These figures come from the World Gold Council.

     

    Fort Knox

     

    The country with the most gold is the United States, holding 8,133 tonnes valued at $628 billion. Half of the country’s reserves are stored at the United States Bullion Depository, commonly known as Fort Knox, a United States Army installation in Kentucky.

     

    Germany ranks second with 3,351 tonnes, followed by Italy with 2,452 tonnes.

     

     

    Source: https://www.visualcapitalist.com/

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