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[QUOTE="Munyaradzi Mafaro, post: 45728, member: 636"]
Ghana holds 31.7 tonnes of gold reserves and ranks 63rd among countries worldwide. The African nation stores nearly half of its foreign money reserves as gold. This strategy shows Ghana relies heavily on gold to protect its financial security. The country uses gold as a safe investment during uncertain economic times. International Financial Statistics released these numbers for April 2025.

The United States leads all nations with more than 8,000 tonnes of gold reserves. Germany comes second with over 3,000 tonnes of the precious metal. Italy holds nearly 2,500 tonnes of gold reserves. Russia and China have each built up their gold supplies to more than 2,000 tonnes. These major economies keep most of their reserves as gold rather than paper money.

Algeria leads African countries with 173.6 tonnes of gold reserves. Libya holds 146.7 tonnes and Egypt stores 125.6 tonnes of the metal. South Africa keeps 125.4 tonnes of gold reserves. Ghana follows these four nations on the continent. Nigeria and Morocco each hold smaller amounts of gold reserves.

Central banks around the world have bought record amounts of gold recently. Countries want to protect themselves from political problems and rising prices. Gold prices have climbed above 3,300 dollars per ounce. Ghana produces more gold than any other African country. The nation benefits when gold prices rise because its reserves become more valuable.
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