Gold Reserves – MCQ Quiz
1. Which country holds the largest official gold reserves (2026)?
✔ Correct Answer: United States
The U.S. leads globally with more than 8,100 tonnes of official gold reserves.
The U.S. leads globally with more than 8,100 tonnes of official gold reserves.
2. India ranks at which position in global gold reserves (2026)?
✔ Correct Answer: 7th
India holds over 880 tonnes of gold, placing it seventh in the world.
India holds over 880 tonnes of gold, placing it seventh in the world.
3. Which European nation ranks 2nd in gold reserves?
✔ Correct Answer: Germany
Germany holds over 3,350 tonnes of gold, the second-largest globally.
Germany holds over 3,350 tonnes of gold, the second-largest globally.
4. Which Asian country has the highest gold reserves?
✔ Correct Answer: China
China has over 2,300 tonnes of gold, the highest in Asia.
China has over 2,300 tonnes of gold, the highest in Asia.
5. The World Gold Council (WGC) is headquartered in which city?
✔ Correct Answer: London
The WGC operates globally but its main headquarters is in London.
The WGC operates globally but its main headquarters is in London.
6. Which country ranks 3rd globally in gold reserves?
✔ Correct Answer: Italy
Italy holds about 2,452 tonnes, making it 3rd in the world.
Italy holds about 2,452 tonnes, making it 3rd in the world.
7. Which country recently increased gold purchases to diversify reserves?
✔ Correct Answer: China
China has been actively increasing gold reserves for currency stability.
China has been actively increasing gold reserves for currency stability.
8. Which country holds approximately 1,040 tonnes of gold?
✔ Correct Answer: Switzerland
Switzerland ranks around 7th globally with about 1,040 tonnes.
Switzerland ranks around 7th globally with about 1,040 tonnes.
9. Which country holds more than 600 tonnes and ranks in top 10?
✔ Correct Answer: Netherlands
The Netherlands holds over 612 tonnes of gold.
The Netherlands holds over 612 tonnes of gold.
10. Turkey holds how much gold approximately?
✔ Correct Answer: 641 tonnes
Turkey's gold reserves fluctuate but stay around 640+ tonnes.
Turkey's gold reserves fluctuate but stay around 640+ tonnes.

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