The United States still holds the world's largest central-bank gold reserves at 8,133.5 metric tons, more than double Germany's. Its stockpile has not grown, yet surging prices lifted its value from $507 billion to $897.3 billion.
The United States keeps by far the largest gold reserves of any country, holding 8,133.5 metric tons — more than double the pile held by second-place Germany. That ranking is unchanged from a study last conducted three years ago, according to The Gold Bullion Company, which analyzed World Gold Council data.
Washington has not added to its reserves since the first study, yet the value of that gold climbed from $507 billion to $897.3 billion. The American hoard also sits 2,141.25% above the average reserves across the countries in the study.
That revaluation tracks the metal itself. Gold more than doubled between 2023 and 2025, rising from a 2023 high of $2,053.13 to $4,533.57 in 2025. By June 26, 2026, the spot price stood at $4,095.78 for one troy ounce.
Rick Kanda, managing director at The Gold Bullion Company, said central banks keep building reserves because countries are reducing reliance on fiat currencies and insulating themselves from geopolitical risk. He described physical gold as a hedge against inflation and market shocks because it is not tied to the performance of equities or currencies. Kanda added that central banks are not buying gold for quick returns, and that most investors should take the same long-term view.
Source: Coin World
Trading involves risk.
Risk Disclaimer
