Central Bank Gold Holdings

(May 3, 2023 - World Gold Council)

• Central banks

Gold plays an important part in central banks’ reserves management, and they are significant holders of gold. This gold reserve data – compiled using IMF IFS statistics – tracks central banks’ reported purchases and sales along with gold as a percentage of their international reserves.

For more information see our Gold Demand Trends report

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Q1 2023: Gold reserves (Tonnes)

Largest increases / decreases

Singapore: 68.67 Tonnes

China: 57.85 Tonnes

Turkey: 30.21 Tonnes

India: 7.26 Tonnes

Czech Republic: 1.54 Tonnes

Kazakhstan: -19.64 Tonnes

Uzbekistan: -14.62 Tonnes

Cambodia: -10.08 Tonnes

Russian Federation: -6.22 Tonnes

Croatia: -1.93 Tonnes

Gold reserves (Tonnes): Q1 2023 Snapshot

Region

Economic grouping

FX Reserves

Total Reserves

Gold Reserves Tonnes

Gold Reserves Millions

Holdings %

Data as of 31 March, 2023

Sources: Central Banks, Federal Reserve Bank of St. Louis, International Monetary Fund, World Bank, World Gold Council; Disclaimer

This chart was updated in February 2023 and reports data available at that time. Data are taken from the International Monetary Fund's International Financial Statistics (IFS), February 2023 edition, and other sources where applicable. IFS data are two months in arrears, so holdings are as of December 2022 for most countries, November 2022 or earlier for late reporters. Where the World Gold Council knows of movements that are not reported to the IMF or misprints, changes have been made.

The percentage share held in gold of total foreign reserves is calculated by the World Gold Council. The value of gold holdings is calculated using the end of quarter LBMA Gold Price, which is published daily by ICE Benchmark Administration for the value of other reserves are taken from IFS, table ‘Total Reserves minus Gold’