Global gold reserves top 20

Russia, China, India and Kazakhstan Lead Central Bank Gold Buying

Gold News
Central Banks are Buying Gold Again.

Central Banks bought the most gold in 2018 since 1967. The central banks of Russia and Kazakhstan have been adding gold to reserves for years. According to the World Gold Council, they were joined in 2018 by central banks that haven’t bought gold for years or even decades, including the central banks of Argentina, China, India, Iraq, Iran, Hungary, Poland, Thailand, the Philippines and Turkey.

Bloomberg recently reported that global debt has reached $244 trillion which is more than three times the size of the global economy. Given this profigacy, it is no wonder central banks are solidifying their reserves by adding gold.

Here are the top countries that are adding gold:


Gold added in 2018 – 272 tons.

Russian Gold Reserves June 2015 - Jan 2019 BGASC


Gold added in 2018 – 52 tons

Kazakhstan gold reserves 2015 - 2019


Gold added 2017 – 2018 – 30 tons

Indian gold reserves 2008 - 2019


Gold added 2018 – 2109 – 32 tons

Chinese gold reserves 2015 - 2019

Global Gold Reserves

Global gold reserves top 20

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This article by BGASC is not, and should not be regarded as, investment advice or as a recommendation regarding any particular course of action.