Gold prices have fluctuated in value greatly through the years. It is one of the most well-known metals to invest in as it is very durable and typically has a high value. In the past, countries used to link gold directly to the value of their currency. While the gold standard is no longer in use, many countries still have a large amount of gold in their reserves. Do you know which country has the most metric tons of gold? MadisonTrust.com examined data to visualize which countries have the most gold in their reserves. The United States has the most gold in their reserve with 8,133 metric tons worth more than $480 billion. A majority of the U.S.’s gold is located in Fort Knox, Kentucky. Germany ranks second with 3,355 metric tons of gold. There are also many countries on the list that have no gold in their reserves including Canada, Cameroon, and Armenia.
Infographic by: madisontrust