Central bank gold reserves: history and measurement
A factual institutional timeline, current site coverage and a public-domain U.S. Treasury series.
How the monetary role of gold changed
This timeline distinguishes currency convertibility from gold’s continuing classification as an official reserve asset.
- 1900U.S. statutory gold standard
The Gold Standard Act fixed the dollar’s gold definition within the pre-Federal Reserve monetary system.
- 1913Federal Reserve established
Federal Reserve notes originally operated with statutory gold-reserve requirements.
- 1933–34Convertibility suspended and gold transferred
The Gold Reserve Act transferred U.S. monetary gold ownership to the Treasury and changed the official dollar price.
- 1944–58Bretton Woods takes effect
Member currencies were linked to the dollar while the United States maintained official gold convertibility for foreign monetary authorities.
- 1968Two-tier gold market
Central banks stopped supporting the private market price through the London Gold Pool.
- 1971U.S. gold window closed
The United States ended official dollar-to-gold convertibility for foreign monetary authorities.
- TodayReserve asset, not currency backing
Monetary gold remains an official reserve asset even though major currencies are not generally redeemable for a fixed quantity of gold.
U.S. Treasury gold reported by USGS
The five-year series is narrow but may be republished with attribution. It is not presented as a substitute for global central-bank reserve data.
| Year | Metric tonnes | Status |
|---|---|---|
| 2021 | 8,130 | reported |
| 2022 | 8,130 | reported |
| 2023 | 8,130 | reported |
| 2024 | 8,130 | reported |
| 2025 | 8,130 | estimate |
Largest official gold-reserve values per country
This supporting view isolates the 29-country official-reserves dataset from the wider 195-country holdings estimate.
| Rank | Country | Metric tonnes | Observation |
|---|---|---|---|
| 1 | United States | 8,133.5 | 2026-03-31 |
| 2 | Germany | 3,351.5 | 2026-03-31 |
| 3 | Italy | 2,451.8 | 2026-03-31 |
| 4 | France | 2,437 | 2026-03-31 |
| 5 | Russia | 2,332.7 | 2026-03-31 |
| 6 | China | 2,298.5 | 2026-03-31 |
| 7 | Switzerland | 1,039.9 | 2026-03-31 |
| 8 | India | 880.2 | 2026-03-31 |
| 9 | Japan | 846 | 2026-03-31 |
| 10 | Türkiye | 623.9 | 2026-03-31 |