Thailand's Gold Reserves Make a Shocking Leap in Global Rankings
A recent report by the World Gold Council reveals that Thailand has surged past numerous nations to secure a surprisingly high position among the world's top gold holders, reflecting a strategic pivot to a 'safe-haven asset' amidst global economic uncertainty.
The World Gold Council has released its latest report for September 2025, revealing a number of surprises in the global gold reserves rankings.
The top spot remains unchanged, with the United States predictably holding the number one position with a massive 8,133.5 tonnes of gold.
This staggering amount is more than double that of second-place Germany, reflecting the U.S.'s unshakable economic dominance.
However, the most notable change in the rankings is the remarkable rise of Thailand.
The country's continuous accumulation of gold has led to a surprising jump in its position, climbing to 22nd in the world with a total of 244.2 tonnes of gold in its possession.
This amount constitutes 7.3% of the country's total international reserves and places Thailand firmly on the radar of global economic observers.
The report also provided the updated top 10 list of countries with the most gold reserves:
- United States: 8,133.5 tonnes
- Germany: 3,352.6 tonnes
- Italy: 2,451.8 tonnes
- France: 2,437.0 tonnes
- Russia: 2,332.7 tonnes
- China: 2,262.4 tonnes
- Switzerland: 1,040.0 tonnes
- Japan: 846.0 tonnes
- India: 822.1 tonnes
- Netherlands: 612.5 tonnes
The fact that central banks around the world continue to prioritise the accumulation of gold shows that it remains a crucial 'safe-haven asset', particularly in an era of high global economic volatility and geopolitical uncertainty.
Thailand's ascent in the rankings is seen as a positive sign for the country's economic stability and has been met with surprise by many in the country.
