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8. Switzerland

Value of reserves: $53.5 billion
Holdings total: 1,146.5 tons

The Swiss National Bank conducts Switzerland's monetary policy and manages the country's 1,146.5 tons of gold.

With the world's eighth largest reserve of the precious metal, Switzerland's supply is worth approximately $53.5 billion in today's gold market. It accounts for 15.8 percent of the country's foreign reserves, though this proportion has dropped in the past year.

Source: World Gold Council, with conversions by CNBC | Photo: AP