Gold Reserves | Forecast | 2017-2020

This page provides forecasts for Gold Reserves including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last Q4/17 Q1/18 Q2/18 Q3/18 2020
United States 8133.46 Jun/17   8134 8134 8135 8135 8135
Euro Area 504.77 Jun/17   505 505 505 505 505
China 1842.56 Jun/17   1813 1798 1781 1765 1631
Japan 765.22 Jun/17   765 765 765 764 762
Germany 3374.14 Jun/17   3400 3400 3400 3400 3400
United Kingdom 310.29 Jun/17   310 310 310 310 310
France 2435.91 Jun/17   2440 2442 2446 2450 2440
India 557.77 Jun/17   551 548 545 542 519
Italy 2451.84 Jun/17   2452 2452 2452 2452 2452
Brazil 67.29 Jun/17   65.03 63.82 62.62 61.39 55.5
Canada 0.00 Mar/17   2 0.91 1.31 1.76 4
South Korea 104.40 Jun/17   103 102 101 99.91 90.62
Russia 1715.84 Jun/17   1808 1804 1850 1915 2103
Spain 281.58 Jun/17   282 286 289 291 282
Australia 79.85 Jun/17   79.84 79.84 79.84 79.84 79.84
Mexico 120.10 Jun/17   122 116 114 113 101
Indonesia 79.31 Jun/17   80.15 78.07 78.07 80.84 82.28
Turkey 456.13 Jun/17   446 456 445 444 382
Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Afghanistan 21.87 Jun/17 21.87 21.87 21.87 21.87 21.87
Albania 1.57 Jun/17   1.59 1.61 1.62 1.64 1.76
Algeria 173.64 Jun/17 174 174 174 174 174
Angola 19.13 Jan/17   18.21 18.37 18.39 18.33 18.3
Argentina 59.78 Jun/17   63.34 63.06 62.41 61.42 55.44
Aruba 3.11 Jun/17 3.11 3.11 3.11 3.11 3.11
Australia 79.85 Jun/17   79.84 79.84 79.84 79.84 79.84
Austria 279.99 Jun/17   281 282 282 283 290
Azerbaijan 20.00 Mar/17   13.34 13.25 11.5 10.25 15.12
Bahrain 4.67 Jun/17 4.67 4.67 4.67 4.67 4.67
Bangladesh 13.97 Jun/17   13.63 13.78 13.78 13.14 11.91
Belarus 43.21 Jun/17   43.47 42.8 42.67 42.66 41.53
Belgium 227.40 Jun/17   228 229 229 229 232
Bolivia 42.51 Jun/17   42.1 41.9 41.61 41.32 38.69
Bosnia and Herzegovina 2.99 Jun/17   2.94 2.92 2.9 2.88 2.72
Brazil 67.29 Jun/17   65.03 63.82 62.62 61.39 55.5
Bulgaria 40.35 Jun/17   40.33 40.33 40.32 40.32 40.29
Burundi 0.03 Mar/17   0.04 0.05 0.06 0.06 0.09
Cambodia 12.44 Jun/17   12.43 12.43 12.43 12.43 12.43
Canada 0.00 Mar/17   2 0.91 1.31 1.76 4
Chile 0.25 Mar/17   1.15 1.34 1.53 1.7 2.68
China 1842.56 Jun/17   1813 1798 1781 1765 1631
Colombia 5.76 Jun/17   6.7 7.04 7.36 7.62 8.45
Comoros 0.02 Mar/17 0.02 0.02 0.02 0.02 0.02
Costa Rica 0.00 Mar/17 0 0 0 0 0.01
Cyprus 13.90 Jun/17   13.91 13.92 13.93 13.94 14
Czech Republic 9.52 Jun/17   9.38 9.34 9.3 9.27 9.29
Denmark 66.55 Jun/17 66.55 66.55 66.55 66.55 66.55
Dominican Republic 0.57 Mar/17   0.56 0.56 0.56 0.56 0.56
Ecuador 11.79 Jun/17   12.58 12.97 13.35 13.72 16.4
Egypt 76.28 Jun/17   75.55 75.41 75.82 75.7 75.66
El Salvador 1.37 Jun/17   1.57 1.68 1.79 1.91 2.87
Estonia 0.25 Mar/17 0.25 0.25 0.25 0.25 0.25
Euro Area 504.77 Jun/17   505 505 505 505 505
Fiji 0.03 Mar/17   0.02 0.02 0.02 0.02 0.02
Finland 49.14 Jun/17   49.13 49.13 49.13 49.13 49.12
France 2435.91 Jun/17   2440 2442 2446 2450 2440
Germany 3374.14 Jun/17   3400 3400 3400 3400 3400
Ghana 8.74 Jun/17   8.7 8.72 8.73 8.73 8.76
Greece 112.87 Jun/17   113 113 114 114 115
Guatemala 6.89 Jun/17   6.88 6.87 6.87 6.87 6.85
Guinea 2.39 Sep/16 2.39 2.39 2.39 2.39 2.39
Haiti 1.81 Jun/17   1.73 1.69 1.65 1.61 1.34
Honduras 0.62 Mar/17 0.62 0.64 0.66 0.68 0.65
Hong Kong 2.08 Jun/17 2.08 2.08 2.08 2.08 2.08
Hungary 3.08 Jun/17   2.77 3.05 2.98 2.96 3.03
Iceland 1.98 Jun/17   1.97 1.97 1.97 1.97 1.96
India 557.77 Jun/17   551 548 545 542 519
Indonesia 79.31 Jun/17   80.15 78.07 78.07 80.84 82.28
Iraq 89.82 Jun/17   88.22 87.21 86.2 85.2 77.04
Ireland 6.00 Jun/17   5.98 5.97 5.96 5.95 5.9
Italy 2451.84 Jun/17   2452 2452 2452 2452 2452
Japan 765.22 Jun/17   765 765 765 764 762
Jordan 40.43 Jun/17   40.59 40.31 39.64 38.99 32.26
Kazakhstan 279.03 Jun/17   293 299 304 308 318
Kenya 0.02 Mar/17   0.01 0.01 0.01 0.01 0.01
Kuwait 78.96 Jun/17   78.98 78.98 78.98 78.98 78.98
Kyrgyzstan 5.06 Jun/17   5.46 5.64 5.81 5.98 7.02
Laos 8.86 Mar/17   8.71 8.66 8.61 8.56 8.16
Latvia 6.62 Jun/17   6.67 6.7 6.73 6.76 6.96
Lebanon 286.83 Jun/17 287 287 287 287 287
Libya 116.64 Jun/17   118 118 119 119 123
Lithuania 5.82 Jun/17   5.81 5.81 5.81 5.81 5.81
Luxembourg 2.24 Jun/17 2.24 2.24 2.24 2.24 2.24
Macedonia 6.88 Jun/17   6.6 6.48 6.36 6.27 6.1
Malawi 0.40 Mar/17 0.4 0.4 0.4 0.4 0.4
Malaysia 38.26 Jun/17   40.1 40 40 36.93 44.5
Malta 0.09 Mar/17   0.15 0.16 0.16 0.17 0.18
Mauritania 0.36 Mar/17   0.34 0.34 0.34 0.34 0.34
Mauritius 12.43 Jun/17   12.23 12.13 12.04 11.95 11.19
Mexico 120.10 Jun/17   122 116 114 113 101
Mongolia 2.13 Jun/17   2.37 2.41 2.56 2.67 2.91
Morocco 22.05 Jun/17   22.04 22.04 22.04 22.04 22.03
Mozambique 4.36 Jun/17   3.64 3.53 3.53 3.44 3.1
Myanmar 7.27 Jun/17   7.26 7.26 7.26 7.26 7.25
Nepal 6.43 Jun/17   6.27 6.19 6.09 6 5.31
Netherlands 612.45 Jun/17   614 615 616 617 628
Nigeria 21.37 Jun/17 21.37 21.37 21.37 21.37 21.37
Oman 0.02 Mar/17   0.35 0.46 0.56 0.66 1.32
Pakistan 64.56 Jun/17   64.6 64.61 64.63 64.65 64.75
Papua New Guinea 1.96 Jun/17 1.96 1.96 1.96 1.96 1.96
Paraguay 8.19 Jun/17   7.87 7.71 7.56 7.41 6.3
Peru 34.68 Jun/17   34.66 34.66 34.65 34.65 34.61
Philippines 196.35 Jun/17   197 196 196 196 205
Poland 102.97 Jun/17   103 103 103 103 103
Portugal 382.51 Jun/17   383 383 383 387 383
Qatar 26.58 Jun/17   27.4 26.99 26.81 26.23 22.51
Romania 103.70 Jun/17   104 104 104 104 104
Russia 1715.84 Jun/17   1808 1804 1850 1915 2103
Saudi Arabia 322.90 Jun/17   318 315 313 310 292
Serbia 18.96 Jun/17   18.1 17.78 17.77 17.6 16.29
Singapore 127.40 Jun/17   124 123 123 123 123
Slovakia 31.69 Jun/17   31.85 31.93 32.01 32.09 32.71
Slovenia 3.17 Jun/17   3.3 3.37 3.43 3.48 3.73
South Africa 125.25 Jun/17   127 128 128 129 131
South Korea 104.40 Jun/17   103 102 101 99.91 90.62
Spain 281.58 Jun/17   282 286 289 291 282
Sri Lanka 22.30 Jun/17   20.88 20.21 19.6 19.04 15.58
Suriname 0.73 Mar/17   1.13 1.25 1.36 1.47 2.12
Sweden 125.72 Jun/17   126 126 127 127 130
Switzerland 1039.99 Jun/17   1046 1050 1056 1063 1169
Syria 25.80 Jun/17 25.8 25.8 25.8 25.8 25.81
Taiwan 423.63 Jun/17   423 423 423 423 423
Tajikistan 12.66 Jun/17   12.9 12.78 12.78 12.74 12.36
Thailand 152.41 Jun/17   152 152 152 148 152
Trinidad And Tobago 1.93 Jun/17   1.92 1.92 1.92 1.92 1.92
Tunisia 6.78 Jun/17   6.77 6.77 6.77 6.77 6.77
Turkey 456.13 Jun/17   446 456 445 444 382
Ukraine 25.50 Jun/17   25.26 25.12 25 24.89 24.27
United Arab Emirates 7.46 Jun/17   8 9 9 6.54 12
United Kingdom 310.29 Jun/17   310 310 310 310 310
United States 8133.46 Jun/17   8134 8134 8135 8135 8135
Uruguay 0.10 Mar/17   1.48 2.2 2.96 3.8 12.17
Venezuela 188.06 Jun/17   213 227 241 255 321
Yemen 1.60 Jun/17   1.56 1.56 1.56 1.56 1.56