Gold reserves of largest gold holding countries worldwide as of June 2020 (in metric tons)
Ever since World War 2, USA has been the largest hoarder of Gold reserves. It holds more than 2x than Germany, and 3x than Italy & France. Generally, developed nations hold more Gold reserves, thanks to their currencies being either a Fiat Currency or a proxy to it. But surprisingly, UK is an exception. Its GOLD reserves are lowest amongst the developed nation. Reserve Bank of India ranks 10th in the global list.