5 Countries with Most Gold Reserves in 2024

2. Germany

Gold Reserves in Q4 2023: 3,353 metric tons

Germany has the second-largest gold reserves in the world, with 3,353 metric tons. Germany’s gold reserve is approximately 59% less than the United States. Germany is Europe’s largest economy. Despite the absence of gold in the country, Germany imports gold in large quantities. The Deutsche Bundesbank oversees the country’s gold reserves. About 69.06% of Germany’s total reserves are comprised of gold. As of February 24, 2024, Germany’s gold reserves are valued at $224.03 billion.