With the price of gold reaching an all-time high of $1246 per ounce, in these uncertain times the market has been moving dramatically towards this traditional safe haven.
The biggest individual holders of gold - Central banks, International entities and governments - are believed to account for approximately 20.5 percent of the world's gold, holding about 29,787 tons.
The numbers are taken from the monthly report produced by the World Gold Council , which the gold industry's key market development body.
So which countries have the biggest gold reserves? Click ahead to find out!By Paul Toscano, CNBC