2025 Gold Reserve Rankings by Country: Who Dominates the Global Market?

Gold reserves by country reflect the economic and geopolitical strengths of our era. With fluctuations in financial markets and international tensions, holding gold reserves remains a key indicator of economic stability and national power.

The Top Ten Countries in the Gold Reserve Market

According to 2025 data, the ranking of gold reserves by country reveals a well-established hierarchy dominated by a few major economic powers. The United States maintains its undisputed lead with 8,133 tons of gold reserves, far ahead of all other countries. This massive accumulation of precious metal gives the U.S. significant influence over global financial markets.

In second place, Germany holds 3,352 tons, closely followed by Italy (2,451 tons) and France (2,437 tons). Russia rounds out the top 5 with 2,333 tons of gold. China, despite its current economic strength, holds 2,279 tons, a figure Beijing likely seeks to discreetly increase.

Switzerland, known for its asset management expertise, ranks seventh with 1,040 tons. India (876 tons), Japan (846 tons), and the Netherlands (612 tons) complete the top 10.

The U.S. Leads, but a Gradual Redistribution

This hierarchy of gold reserves by country highlights an important reality: American dominance remains overwhelming. The U.S. owns more gold than the next three countries combined. However, other nations, especially Russia and China, are actively diversifying their foreign exchange reserves in favor of gold.

Gold continues to be the ultimate safe haven asset in financial markets. While XAUUSDT, the gold futures contract, continues to attract investors, governments understand that building solid gold reserves confers unparalleled monetary credibility. This dynamic explains why the ranking of gold reserves by country remains a key barometer of the global economic order.