The U.S. owns the world’s most gold with a reserve equal to 8,133 tonnes, worth more than $373 billion. Here's the country that comes in second:
An earlier version of this article misstated the value of reserve gold for the U.S., Germany and IMF. The dollar values are in billions. It has been corrected.The U.S. owns the most gold of any country, according to an analysis of data from the International Monetary Fund, published on HowMuch.net.Germany comes in second, with 3,369 tonnes, worth more than $154 billion.Other countries might be catching up to the U.S.
Those countries have had concerns about relying on the dollar as a reserve currency, as well as holding European currencies, amid a possible U.K. exit from the European Union, or Brexit, and uncertainties in other countries have caused tension. The price of gold has been rising in recent weeks, especially as investors have worried about trade tensions between the U.S. and China. GCM19, +1.17%
Slow economic growth around the world, plus slow trade in equity markets, have also contributed to higher gold prices, experts have said.Check out the full map from HowMuch.net to see which other countries are paved in gold.We Want to Hear from You Join the conversation
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