In recent times, a huge jump has been seen in the prices of gold and silver. Along with gold, the prices of silver are skyrocketing. Statistics show that in the last 5 years alone it has registered a growth of more than 265 percent. From China, Poland and Türkiye, India has increased its gold reserves. The Central Bank here was ahead in buying gold, while many countries have reduced the gold reserves, these include the Philippines to Sri Lanka. Let us know which countries are at the forefront in buying and selling gold and at what number India comes.

Which country bought the most gold?

According to the report of World of Static, China is at number one in terms of buying gold for the last five years i.e. from 2020 to 2025. China has purchased 357.1 tonnes of gold in the last five years. However, according to experts, it could be even more than this. After China, Poland is second in buying gold, which has purchased 314.6 tonnes of gold within the last five years. Turkey comes at third place, which has purchased 251.8 tonnes of gold.

Where is India in buying gold?

India is at fourth place, which bought 245.3 tonnes of gold. Apart from this, Brazil has bought 105.1 tonnes, Azerbaijan 83.6 tonnes, Thailand 80.6 tonnes, Hungary 78.5 tonnes and Singapore 77.3 tonnes. Iran bought 74.612 tonnes, Qatar 73.013 tonnes, Russia 55.4 tonnes and UAE 51.7 tonnes. Pakistan’s name is not included in the top-15 list. According to the report of the World Gold Council, after 2020, there has been an increase of 265 percent in the price of gold.

Central Bank Gold Reserves. Biggest changes (2020–2025)

Most purchased (tonnes added):

1.

— World of Statistics (@stats_feed) February 12, 2026

Which countries are ahead in selling gold?

In the last five years, Philippines is at first place in terms of selling gold, it has sold 65.2 tonnes of gold. Kazakhstan is at second place, which sold 52.4 tonnes of gold during this period. Sri Lanka sold 19.1 tonnes of gold. Germany’s gold reserve has also decreased by 16.3 tonnes. Mongolia sold 15.9 tonnes of gold. Apart from this, Tajikistan sold 11.9 tonnes of gold, Colombia sold 9.2 tonnes and Finland sold 5.4 tonnes of gold.