In an era marked by financial unpredictability, nations worldwide are increasingly anchoring their economic stability in gold reserves. Even after the gold standard was abandoned in the 1970s, gold's role in bolstering a country's economic health remains significant, according to NDTV. Woman arriving from Dubai arrested with over 8 kg gold at Dhaka airport Top 10 Countries by Gold Reserves 1. United States: Leading the pack, the US boasts 8,1336.46 tonnes of gold 2. Germany: Close on the heels with 3,352.65 tonnes 3. Italy: Securing third place with 2,451.84 tonnes. 4. France: Holding the fourth position with 2,436.88 tonnes. 5. Russia: Completing the top five with 2,332.74 tonnes, as reported by Forbes. Notably, China, an emerging economic powerhouse, ranks sixth with 2,191.53 tonnes, highlighting the shift in global economic dynamics. Switzerland, Japan, India, and the Netherlands round out the top 10, each maintaining significant reserves between 1,040 to 612.45 tonnes of gold. Gold worth Tk 7-cr seized at Airport; 4 held Why Do Countries Stockpile Gold? Gold's primary appeal lies in its ability to act as a dependable value store, ensuring economic stability during tumultuous times. Despite moving away from the gold standard, many countries view substantial gold reserves as crucial for currency stability. Diversification of assets is another compelling reason. Gold serves as a physical, tangible asset, offering a buffer against other asset value fluctuations. Its inverse relationship with the US dollar enhances its appeal, especially as a hedge in volatile markets. 4.5kg gold recovered from Biman flight at Ctg airport Gold also plays a vital role in international trade and finance. Some nations use it to balance trade deficits or as collateral for loans, thereby boosting their global economic standing. In crises, gold emerges as a safeguard against economic downturns and geopolitical tensions, protecting economies from inflation and currency devaluation. As central banks reaffirm the importance of gold, these gleaming assets continue to shape the economic futures of countries worldwide, the report concludes. Where was the CCTV camera? Investigators wonder about missing gold at Dhaka Airport customs