Wednesday, February 2, 2011

Who Has the Most Gold?

The world's largest gold reserves are truly massive. Gold reserves are held by large corporations and countries to guarantee loans, secure currencies, and to invest. So who has the most gold?

5. France


Value of Reserves: $115.97 billion 
Holdings Total: 2,684.6 tons 


4. Italy

Value of Reserves: $116.75 billion
Holdings Total: 2,702.6 tons 


3. International Monetary Fund (IMF)

Value of Reserves: $135.56 billion
Holdings Total: 3,137.9 tons


2. Germany

Value of Reserves: $161.99 billion
Holdings Total: 3,749.8 tons


1. United States

Value of Reserves: $387.32 billion
Holdings Total: 8,965.6 tons 


The United States has far and away the most gold of any country. One of the reasons is to back the massive debt. But it has also been a great investment for the government. Gold has always been a great investment. Whether it be gold nuggets, gold mines, or gold dust, gold has made people rich from ancient times until present day.

No comments:

Post a Comment