<P> On 17 July 2015, China announced that it increased its gold reserves by about 57 percent from 1,054 to 1,658 metric tons, while disclosing its official gold reserves for the first time in six years . </P> <P> The gold listed for each of the countries in the table may not be physically stored in the country listed, as central banks generally have not allowed independent audits of their reserves . Gold leasing by central banks could place into doubt the reported gold holdings in the table below . </P> <Table> Top 20 according to World Gold Council's latest rankings (as of May 2018) <Tr> <Th> Rank </Th> <Th> Country / Organization </Th> <Th> Gold holdings (in metric tons) </Th> <Th> Gold's share of forex reserves </Th> </Tr> <Tr> <Td> </Td> <Td> United States </Td> <Td> 8,133.5 </Td> <Td> 75.0% </Td> </Tr> <Tr> <Td> </Td> <Td> Germany </Td> <Td> 3,372.2 </Td> <Td> 70.3% </Td> </Tr> <Tr> <Td> </Td> <Td> International Monetary Fund </Td> <Td> 2,814.0 </Td> <Td> N / A </Td> </Tr> <Tr> <Td> </Td> <Td> Italy </Td> <Td> 2,451.8 </Td> <Td> 67.8% </Td> </Tr> <Tr> <Td> 5 </Td> <Td> France </Td> <Td> 2,436.0 </Td> <Td> 63.4% </Td> </Tr> <Tr> <Td> 6 </Td> <Td> Russia </Td> <Td> 1,909.5 </Td> <Td> 18% </Td> </Tr> <Tr> <Td> 7 </Td> <Td> China </Td> <Td> 1,842.6 </Td> <Td> 2.4% </Td> </Tr> <Tr> <Td> 8 </Td> <Td> Switzerland </Td> <Td> 1,040.0 </Td> <Td> 5.4% </Td> </Tr> <Tr> <Td> 9 </Td> <Td> Japan </Td> <Td> 765.2 </Td> <Td> 2.6% </Td> </Tr> <Tr> <Td> 10 </Td> <Td> Netherlands </Td> <Td> 612.5 </Td> <Td> 67.2% </Td> </Tr> <Tr> <Td> 11 </Td> <Td> Turkey </Td> <Td> 595.5 </Td> <Td> 23.0% </Td> </Tr> <Tr> <Td> 12 </Td> <Td> India </Td> <Td> 558.1 </Td> <Td> 5.6% </Td> </Tr> <Tr> <Td> 13 </Td> <Td> European Central Bank </Td> <Td> 504.8 </Td> <Td> 27.6% </Td> </Tr> <Tr> <Td> 14 </Td> <Td> Taiwan </Td> <Td> 423.6 </Td> <Td> 3.8% </Td> </Tr> <Tr> <Td> 15 </Td> <Td> Portugal </Td> <Td> 382.5 </Td> <Td> 60.4% </Td> </Tr> <Tr> <Td> 16 </Td> <Td> Saudi Arabia </Td> <Td> 322.9 </Td> <Td> 2.7% </Td> </Tr> <Tr> <Td> 17 </Td> <Td> United Kingdom </Td> <Td> 310.3 </Td> <Td> 8.4% </Td> </Tr> <Tr> <Td> 18 </Td> <Td> Kazakhstan </Td> <Td> 310.1 </Td> <Td> 42.5% </Td> </Tr> <Tr> <Td> 19 </Td> <Td> Lebanon </Td> <Td> 286.8 </Td> <Td> 21.6% </Td> </Tr> <Tr> <Td> 20 </Td> <Td> Spain </Td> <Td> 281.6 </Td> <Td> 17.0% </Td> </Tr> </Table> <Tr> <Th> Rank </Th> <Th> Country / Organization </Th> <Th> Gold holdings (in metric tons) </Th> <Th> Gold's share of forex reserves </Th> </Tr>

Who holds the most gold reserves in the world