Top 5 Largest Gold Reserves in World: Where Does India Stand?

World Largest Gold Reserves Top 5:

1. United States – 8,133 Tonnes

The U.S-head quest leads it by a large margin after it allows up to 8,100 tons of gold. Much gold is stored in Fort Knox, thus making America so far the leader not just in gold reserves but for decades in monetary security and influence in the world finance.

2. Germany – 3,352 Tonnes

Germany comes next with over 3,300 tonnes; most of them were assignments into domestic vaults as a reliable future trust in physical security and keeping it within the geographical boundaries after the EU debt crises.

3. Italy – 2,452 Tonnes

Italy is holding the line third, having gold as its buffer against financial instability. This country still keeps its reserve size in light of economic fluctuations to signal confidence in markets.

4. France – 2,437 Tonnes

France has nearly the same amount of gold as Italy, slightly behind. The French central bank uses gold primarily as a strategic reserve, while also participating in European financial stability mechanisms.

5. Russia – 2,331 Tonnes

Despite global sanctions, Russia continues to grow its reserves and reduce dollar dependence. Currently, gold has been a geopolitical tool in Moscow’s financial strategy, especially post-2022 global tensions.

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Where does India measure?

This gives India a seventh position in the world with about 876 tonnes of gold in 2025. Over the last few years, the Reserve Bank of India (RBI) has been aggressive in adding to it: gold’s share in forex reserves has increased from 6.9% in 2021 to over 11% now.

India also repatriated around 100 tonnes from the UK in 2024, signifying a shift towards greater domestic control. Culturally valued and financially strategic, gold remains a very key pillar in India’s economic toolkit.

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While India doesn’t yet break the top five, it’s steadily rising and indicating clear intent. As global uncertainty increases, gold is shining brightly again.