Gold continues to play a crucial role in the way central banks manage their reserves. Valued for its safety, liquidity, and return characteristics, gold meets the three core investment objectives that guide reserve management. Because of this, central banks are among the world’s most significant gold holders, collectively accounting for around one-fifth of all the gold ever mined.
In this phase of the international gold market, the compiled international reserve of gold data from the IMF’s IFS provides information on the reported holdings, purchases, and sales of the central banks, as well as the share of the total reserves of gold. The list below provides information strictly on the Q3 2025 holdings in metric tons of the reported data as of 30 September 2025.
10 countries with the largest gold reserves
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