Stockpiling Gold.


Byline: Brigitte van

In June 2019, the United States was the country with the largest gold reserves. The reserves of the U.S. were over twice as large as those of second-placed Germany, and nearly four times as large as the reserves of number three, Italy. The largest producer of gold worldwide, China, ranked sixth, with a gold reserve of almost 2,000 metric tons. In 2018, the country mined roughly 400 metric tons of gold, or nearly 100 tons more than Australia, the second-largest gold producer in the world.

With the...

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