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Just checked the latest gold reserve rankings and it's pretty interesting how concentrated this actually is. The US is way ahead with over 8,000 tons, but what caught my attention is how Europe dominates the top 10 countries with most gold reserves. Germany, Italy, and France all hold massive amounts - makes sense historically I guess.
China and Russia both have significant reserves too, though Russia's been a wild card with all the geopolitical stuff. What's wild is how much smaller the numbers get after the top tier - Japan and India in the 800+ range, then it drops off fast. The top 10 countries with most gold really control a huge chunk of global reserves.
Gold still sitting around 4,737 per ounce. Curious if these reserve holdings will matter more as currencies get messier. Anyone else been tracking this data?