These organizations understand that gold is the ultimate store of value that protects against inflation and offers a safe haven during times of economic and geopolitical turmoil.
When I went to find out who owns the most gold in the world, I referred to data from the International Monetary Fund's International Financial Statistics Report.
Here are the results of that search:
- United States (8,133.5 tons)
- Germany (3,412.6 tons)
- International Monetary Fund (3,217.3 tons)
- Italy (2,451.8 tons)
- France (2,450.7 tons)
- SPDR Gold Shares ETF (1,120.6 tons)
- China (1054.0 tons)
- Switzerland (1040.1 tons)
- Japan (765.2 tons)
- Netherlands (612.5 tons)