2018 could be another strong year for central bank gold demand. According to the World Gold Council (WGC), demand in the first quarter was up 42 percent year-over-year, with purchases totaling 116.5 tonnes for the highest first quarter total since 2014. As global debt continues to skyrocket, central banks and individual investors alike might want to keep gold in their pockets, as it historically has performed well during times of economic downturn and geopolitical uncertainty.
Below are the top 10 countries with the largest gold holdings, beginning with India. Hover over each image to reveal its corresponding caption.