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Updated 17:28 23/09/20

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The top ten nations stockpiling gold

Adam Pike, News Editor
24 Mar 2014, 10:28 a.m.

According to the World Gold Council global gold demand reached 3,756.1 tonnes in 2013. Overall annual demand was down when compared to 2012, as exchange traded products experienced negative outflows, however, retail bar and coin sales jumped 28% as investors took advantage of the price decline. Central Bank buying increased to 368.9 tonnes well above the five year average of 282.6 tonnes.

Below is a list of the top ten nations with the largest central bank gold reserves according to the World Gold Councils latest figures.

1. United States

2. Germany

3. Italy

4. France

5. China

6. Switzerland

7. Russia

8. Japan

9. Netherlands

10. India

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