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Nations with the largest gold reserves

Serena Williams wearing a dazzling gold earring.

United States (Rank 1)

America has the largest gold reserves in the world. The country has 8,133.5 tonnes of goldreserves, which constitutes 72.1 per cent of the country's total forex reserves.

The USA is also the world's third highest buyer and fourth largest producer of gold.

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Conservators apply gold leaf to the Golden Victoria monument in Berlin.

Germany (Rank 2)

Germany has 3402.5 tonnes of gold, which is about 67.4 per cent of the country's total forexreserves.

The Deutsche Bundesbank keeps a large part of its gold holdings in its own vaults in Germany,while some of its gold is also stored with the central banks located at major gold trading centres.

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Gold prices rise.

The IMF ranked third has 2,907 tonnes of gold reserves.

The International Monetary Fund has sold 200 metric tonnes of gold to the Reserve Bank ofIndia for about $6.7 billion, in a bid to increase the Washington-based financial institution'scapacity to lend to poor nations.

Italy has a rich gold history. It has 2451.8 tonnes of gold reserves, which is about 66.2 per cent of thetotal forex reserves.

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Gold bars.France (Rank 5)

France has 2435.4 tonnes of gold reserves, which is about 65.7 per cent of the total forex reserves.

China (Rank 6)

According to the World Gold Council, the share of global gold demand in China doubled from 5percent in 2002 to 11 percent in 2009.

China has 1054.1 tonnes of gold, which is 1.5 per cent of its total foreign reserves.

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Swiss gold.

Switzerland (Rank 7)

Switzerland has 1040 tonnes of gold reserves, which is about 15.1 per cent of the total reserves.

Gold bars are pictured at the Ginza Tanaka store in Tokyo.

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Japan (Rank 8)

Ranked among the top 10, Japan has 765.2 tonnes of gold reserves, which is about 2.7 per cent ofthe total foreign reserves.

Russia (Rank 9 )

A visitor inspects a gold-and-jewel replica of a Russian Orthodox Church made by Russian artists.

Russia has 765.2 tonnes of gold reserves which is about 5.7 per cent of the total forex reserves.

Russia is the world's seventh largest buyer of gold and the sixth largest gold-producer.

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Jannemiek Sonneveld, 27, turns her left eye to show the latest thing in bodyfashion, the Jewel Eye.

Netherlands (Rank 10)

Netherlands has 612. 5 tonnes of gold reserves, which is about 55.8 per cent of the total foreignreserves.

Image: In Netherlands, eye surgeons have implanted tiny pieces of jewellery called 'JewelEye' inthe mucous membrane of the eyes of six women and one man in cosmetic surgery pioneered byan ophthalmic surgery research and development institute in Rotterdam. The procedure costs 500euros.

India at 11

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The Scottish Crown Jewels are carried by the Duke of Hamilton.

ECB (Rank 12)

The European Central Bank has 357.8 tonnes of gold reserves which is about 25.9 per cent ofthe total foreign reserves. Europe's central banks have all stopped the sales of their gold reserves.

A gold certicate.

Taiwan (Rank 13)

Taiwan has 422.1 tonnes of gold reserves, which is about 25.9 per cent of the total foreignreserves.

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Inside view of the renewed old Lisbon's restaurant Tavares room with mirrors encrusted with gold.

Portugal (Rank 14)

Portugal has 606.7 tonnes of gold reserves, which is about 79.6 per cent of the total foreignreserves.

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Venezuala (Rank 15)

Venezuala has 311.0 tonnes of gold reserves, which is about 48.5 per cent of the total foreignreserves.

Gold coins.

Ex Oriente Lux CEO Thomas Geissler (L) and an Emirati official unveil a gold-plated ATM.

Saudi Arabia (Rank 16)

With 143 tonnes of gold reserves, Saudi Arabia is ranked at 16th position. The reservescontribute 2.7 per cent of the country's total foreign reserves.

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A worker holds a Faberge jewelled gold and enamel cigarette case by Michael Perchin in London.

United Kingdom (Rank 17)

United Kingdom has 588.3 tonnes of gold reserves which is about 15.6 per cent of the totalforeign reserves.

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Jewellery in Lebanon.Lebanon (Rank 18)

Lebanon has 286.8 tonnes of gold reserves which is about 25.2 per cent of the total foreignreserves.

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Spanish jewellery.

Spain (Rank 19)

Spain has 281. 6 tonnes of gold reserves, which is about 35.9 per cent of the total foreignreserves.

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Austrian gold coin.

Austria (Rank 20)

Austria has 280 tonnes of gold reserves, which is about 35.9 per cent of the total foreignreserves.