Gold Reserves | Forecast | 2016-2020

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 Q2/17 Q3/17 Q4/17 Q1/18 2020
United States 8133.46 Mar/17 8133 8133 8133 8133 8133
Euro Area 504.77 Mar/17   505 505 505 505 505
China 1842.56 Mar/17   1844 1845 1846 1846 1846
Japan 765.22 Mar/17 765 765 765 765 765
Germany 3377.94 Mar/17   3400 3400 3400 3374 3400
United Kingdom 310.29 Mar/17   310 310 310 310 310
France 2435.91 Mar/17   2440 2440 2440 2436 2440
India 557.77 Mar/17 558 558 558 558 558
Italy 2451.84 Mar/17   2452 2452 2452 2452 2452
Brazil 67.29 Mar/17   67.26 67.27 67.28 67.27 67.27
Canada 0.00 Mar/17   2 2 2 0.06 4
South Korea 104.40 Mar/17 104 104 104 104 104
Australia 79.85 Mar/17 79.85 79.85 79.85 79.85 79.85
Russia 1680.10 Mar/17   1736 1790 1844 1804 2445
Spain 281.58 Mar/17   282 282 282 282 282
Mexico 120.10 Mar/17   121 120 122 120 120
Indonesia 78.07 Mar/17 78.07 78.07 78.07 78.07 78.07
Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Afghanistan 21.87 Mar/17 21.87 21.87 21.87 21.87 21.87
Albania 1.57 Mar/17 1.57 1.57 1.57 1.57 1.57
Algeria 173.64 Mar/17 174 174 174 174 174
Angola 19.13 Jan/17   18.62 18.71 18.66 18.68 18.68
Argentina 54.90 Mar/17   53.21 53.31 53.24 53.45 53.2
Armenia 1.40 Sep/03 1.4 1.4 1.4 1.4 1.4
Aruba 3.11 Mar/17 3.11 3.11 3.11 3.11 3.11
Australia 79.85 Mar/17 79.85 79.85 79.85 79.85 79.85
Austria 279.99 Mar/17   279 277 275 273 252
Azerbaijan 20.00 Mar/17   20.05 15.37 13.34 13.25 15.12
Bahrain 4.67 Mar/17 4.67 4.67 4.67 4.67 4.67
Bangladesh 13.97 Mar/17 13.97 13.97 13.97 13.78 13.97
Belarus 40.73 Mar/17   40.18 41.61 43.1 41.83 40.86
Belgium 227.40 Mar/17 227 227 227 227 227
Bolivia 42.51 Mar/17 42.51 42.51 42.51 42.51 42.51
Bosnia and Herzegovina 2.99 Mar/17 2.99 2.99 2.99 2.99 2.99
Brazil 67.29 Mar/17   67.26 67.27 67.28 67.27 67.27
Bulgaria 40.33 Mar/17   40.34 40.36 40.38 40.39 40.55
Burundi 0.03 Mar/17 0.03 0.03 0.03 0.03 0.03
Cambodia 12.44 Mar/17 12.44 12.44 12.44 12.44 12.44
Cameroon 0.93 Dec/08 0.93 0.93 0.93 0.93 0.93
Canada 0.00 Mar/17   2 2 2 0.06 4
Central African Republic 0.35 Dec/08 0.35 0.35 0.35 0.35 0.35
Chad 0.35 Dec/08 0.35 0.35 0.35 0.35 0.35
Chile 0.25 Mar/17 0.25 0.25 0.25 0.25 0.25
China 1842.56 Mar/17   1844 1845 1846 1846 1846
Colombia 5.76 Mar/17   6.24 6.71 6.98 7.23 8.03
Comoros 0.02 Mar/17 0.02 0.02 0.02 0.02 0.02
Congo 0.35 Dec/08 0.35 0.35 0.35 0.35 0.35
Costa Rica 0.00 Mar/17 0 0 0 0 0
Croatia 13.13 Jun/01 13.13 13.13 13.13 13.13 13.13
Cyprus 13.90 Mar/17 13.9 13.9 13.9 13.9 13.9
Czech Republic 9.61 Mar/17   9.6 9.49 9.48 9.39 9.15
Denmark 66.55 Mar/17 66.55 66.55 66.55 66.55 66.55
Dominican Republic 0.57 Mar/17 0.57 0.57 0.57 0.57 0.57
Ecuador 11.79 Mar/17 11.79 11.79 11.79 11.79 11.79
Egypt 75.58 Mar/17 75.58 75.58 75.58 75.58 75.58
El Salvador 1.37 Mar/17   1.36 1.36 1.36 1.36 1.36
Eritrea 1.20 Jun/02 1.2 1.2 1.2 1.2 1.2
Estonia 0.25 Mar/17 0.25 0.25 0.25 0.25 0.25
Euro Area 504.77 Mar/17   505 505 505 505 505
Fiji 0.03 Mar/17 0.03 0.03 0.03 0.03 0.03
Finland 49.14 Mar/17 49.14 49.14 49.14 49.14 49.14
France 2435.91 Mar/17   2440 2440 2440 2436 2440
Gabon 0.40 Dec/08 0.4 0.4 0.4 0.4 0.4
Germany 3377.94 Mar/17   3400 3400 3400 3374 3400
Ghana 8.70 Sep/16 8.7 8.7 8.7 8.7 8.76
Greece 112.84 Mar/17 113 113 113 113 113
Guatemala 6.89 Mar/17 6.89 6.89 6.89 6.89 6.89
Guinea 2.39 Sep/16 2.39 2.39 2.39 2.39 2.39
Haiti 1.81 Mar/17 1.81 1.81 1.81 1.81 1.81
Honduras 0.62 Mar/17   0.6 0.6 0.61 0.63 0.65
Hong Kong 2.08 Mar/17 2.08 2.08 2.08 2.08 2.08
Hungary 3.08 Mar/17   1.47 2 1.86 1.92 1.9
Iceland 1.98 Mar/17 1.98 1.98 1.98 1.98 1.98
India 557.77 Mar/17 558 558 558 558 558
Indonesia 78.07 Mar/17 78.07 78.07 78.07 78.07 78.07
Iraq 89.82 Mar/17 89.82 89.82 89.82 89.82 89.82
Ireland 6.00 Mar/17 6 6 6 6 6
Italy 2451.84 Mar/17   2452 2452 2452 2452 2452
Japan 765.22 Mar/17 765 765 765 765 765
Jordan 40.43 Mar/17   44.22 47.73 47.33 49.17 46.1
Kazakhstan 267.69 Mar/17   276 284 293 301 384
Kenya 0.02 Mar/17 0.02 0.02 0.02 0.02 0.02
Kuwait 78.96 Mar/17   78.98 78.98 78.98 78.98 78.98
Kyrgyzstan 4.88 Mar/17   4.73 4.8 4.87 4.93 5.41
Laos 8.86 Mar/17   8.85 8.85 8.85 8.85 8.85
Latvia 6.62 Mar/17 6.62 6.62 6.62 6.62 6.62
Lebanon 286.83 Mar/17 287 287 287 287 287
Libya 116.64 Mar/17 117 117 117 117 117
Lithuania 5.82 Mar/17 5.82 5.82 5.82 5.82 5.82
Luxembourg 2.24 Mar/17   2.23 2.23 2.23 2.23 2.23
Macedonia 6.88 Mar/17   6.87 6.88 6.85 6.86 6.86
Malawi 0.40 Mar/17 0.4 0.4 0.4 0.4 0.4
Malaysia 38.57 Mar/17   40 40 40.1 40 44.5
Malta 0.09 Mar/17 0.09 0.09 0.09 0.09 0.09
Mauritania 0.36 Mar/17 0.36 0.36 0.36 0.36 0.36
Mauritius 12.43 Mar/17   12.85 13.16 13.64 14.04 17.38
Mexico 120.10 Mar/17   121 120 122 120 120
Mongolia 1.46 Mar/17   1.11 1.59 1.33 1.58 1.36
Morocco 22.05 Mar/17 22.05 22.05 22.05 22.05 22.05
Mozambique 4.05 Mar/17   3.5 3.09 2.69 3.55 3.28
Myanmar 7.27 Mar/17 7.27 7.27 7.27 7.27 7.27
Nepal 6.12 Mar/17   6.16 6.19 6.21 6.23 6.31
Netherlands 612.45 Mar/17 612 612 612 612 612
Nicaragua 0.47 Jun/04 0.47 0.47 0.47 0.47 0.47
Nigeria 21.37 Mar/17 21.37 21.37 21.37 21.37 21.37
Norway 36.70 Dec/03   36.76 36.76 36.76 36.76 36.76
Oman 0.02 Mar/17 0.02 0.02 0.02 0.02 0.02
Pakistan 64.52 Mar/17 64.52 64.5 64.52 64.52 64.52
Papua New Guinea 1.96 Mar/17 1.96 1.96 1.96 1.96 1.96
Paraguay 8.19 Mar/17 8.19 8.19 8.19 8.19 8.19
Peru 34.68 Mar/17 34.68 34.68 34.68 34.68 34.68
Philippines 196.35 Mar/17   197 196 197 196 205
Poland 102.97 Mar/17   103 103 103 103 103
Portugal 382.51 Mar/17   383 383 383 383 383
Qatar 26.58 Mar/17   25.73 28.76 27.2 27.87 27.78
Romania 103.70 Mar/17   104 104 104 104 104
Russia 1680.10 Mar/17   1736 1790 1844 1804 2445
Saudi Arabia 322.90 Mar/17 323 323 323 323 323
Serbia 18.84 Mar/17   18.62 18.43 18.59 18.8 18.51
Singapore 127.40 Mar/17 127 127 127 127 127
Slovakia 31.69 Mar/17 31.69 31.69 31.69 31.69 31.69
Slovenia 3.17 Mar/17 3.17 3.17 3.17 3.17 3.17
South Africa 125.25 Mar/17 125 125 125 125 125
South Korea 104.40 Mar/17 104 104 104 104 104
Spain 281.58 Mar/17   282 282 282 282 282
Sri Lanka 22.24 Mar/17 22.24 22.28 22.28 22.29 22.28
Suriname 0.73 Mar/17   0.71 0.7 0.71 0.7 0.7
Sweden 125.72 Mar/17 126 126 126 126 126
Switzerland 1039.99 Mar/17   1040 1040 1040 1040 1041
Syria 25.82 Mar/17 25.82 25.82 25.81 25.81 25.81
Taiwan 423.63 Mar/17   423 423 423 424 423
Tajikistan 12.66 Mar/17   12.89 13.73 14.37 14.49 17.95
Thailand 152.41 Mar/17   152 152 152 152 152
Trinidad And Tobago 1.93 Mar/17   1.92 1.92 1.92 1.92 1.92
Tunisia 6.78 Mar/17 6.78 6.78 6.78 6.78 6.78
Turkey 427.84 Mar/17   407 387 406 392 378
Ukraine 25.50 Mar/17   25.87 26.24 26.59 26.86 27.21
United Arab Emirates 7.48 Mar/17   7.6 8 8 9 12
United Kingdom 310.29 Mar/17   310 310 310 310 310
United States 8133.46 Mar/17 8133 8133 8133 8133 8133
Uruguay 0.10 Mar/17 0.1 0.09 0.1 0.09 0.09
Venezuela 187.46 Mar/17   187 188 187 188 187
Yemen 1.56 Mar/17 1.56 1.56 1.56 1.56 1.56