Top Ten Countries With Largest Gold Reserves

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    Gold is the most precious and valuable Mattel on the surface of the earth, the countries which have the largest gold production are considered as the rich countries of the world. The prices of the gold rise and fall from time to time. For last few years the prices of the gold are rising amazingly and now the gold is not, nor affordable for the middle class of the society. The countries where the production of gold is maximum are mentioned here in the list. Top Ten Countries With Largest Gold Reserves are:

    10. India

    India is one of the countries producing gold. The annual production of gold in this country is 557.7 tons and the worth of gold is 332 billion at current rates. The9.6% of the overall world gold reserves is present in India. India is popular country and the production of gold is a main factor for its popularity.

    Top Ten Countries With Largest Gold Reserves

    9. Netherlands

    This country is regarded as the largest bank of the gold. It is not only famous for saving of gold it is also a big producer of the gold. The annual production of gold in this country is 612.5 tones and the worth of gold is #35 billion. The gold reserves present here constitutes the 58% of the world gold reserves.

    Top Ten Countries With Largest Gold Reserves

    8. Japan

    Japan is also one of the largest producers of gold and the annual production of gold in this country is 765.2 tones. The rate of gold here is $45 billion. The gold reserves of Japan account 3.15 of the world gold reserves.

    Top Ten Countries With Largest Gold Reserves

    7. Russia

    The annual production of gold in this country is 976.6 tons and it is the seventh largest gold producing country. The rate of gold in this country is $50 billion. The gold reserves of Russia account 9.5% of the foreign reserves of the world gold.

    Top Ten Countries With Largest Gold Reserves

    6. Switzerland

    This country is the richest country of the world and the largest banks of money are situated here. This is famous as the World Bank and it is also rich in the gold production. The annual production of gold in this country is 1041.5 tones with the worth of $62 billion.

    Top Ten Countries With Largest Gold Reserves

    5. France

    The annual production of gold in this country is 2434.2 tones and the current rate of gold is 60.5%. The reports show that France sold 572 tons of gold under the central bank gold agreement. It is one of the largest gold producing countries of the world.

    Top Ten Countries With Largest Gold Reserves

    4. China

    China is at the fourth number in the list of gold producing countries. The annual production of gold here is 1054.1 tones and it account almost 1.6 percent of the foreign gold reserves.

    Top Ten Countries With Largest Gold Reserves

    3. Italy

    The annual production of gold in this country is 2451.6 tones and the current rate of gold is $89.08 billion. The gold reserves account almost 71% of the world gold reserves.

    Top Ten Countries With Largest Gold Reserves

    2. Germany

    The annual production of gold in this country is 3391.3 and it is the largest gold producing country of the world. The overall worth of gold in this county is 125.0% billion.

    Top Ten Countries With Largest Gold Reserves

    1. USA

    The annual production of gold is 8133.6 tones and it accounts 75 % of the world gold reserves.

    Top Ten Countries With Largest Gold Reserves

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