Suction dredges, sluice boxes and mechanical devices are not allowed. Germany and China hold the largest gold reserves in Europe and Asia, Countries With The Largest Gold Reserves Thursday, 17 December 2020. Official International Reserves (millions of U.S. dollars) Rserves officielles de liquidits internationales (millions de dollars amricains) U.S. dollars 50,141 Dollars amricains Other Foreign Currencies 27,529 Autres devises trangres Gold 0 Or Special Drawing Rights 8,872 They are open to the public to use for recreational gold panning. We are an advocacy group seeking to restore Canada gold reserves to its previous status to protect the economic prosperity of all Canadians. This statistic presents the gold reserves of largest gold holding countries worldwide as of September 2020. Largest gold reserves chart stockpiling gold statista top 20 country by total reserves top 20 countries with the largest gold 10 countries with largest gold reserves top 10 countries with largest gold reserves. Equipment is restricted to hand shovels, hand pans and classifier. Gold Reserves in Canada averaged 7.28 Tonnes from 2000 until 2020, reaching an all time high of 46.20 Tonnes in the first quarter of 2000 and a record low of 0 Tonnes in the first quarter of 2016. The government of Canada has wound down its gold reserves to basically nothing after a multi-year strategy of selling them off in favour of hoarding other countries' currencies instead. They have been selling gold coins and reaping better prices than dumping 400-ounce bars to bankers. Metal detectors are strictly The British Columbia government has set up 14 recreational panning reserves in the province. The United States has the largest gold reserves in the world. This is the lowest level in history, the hightest level was reached in 1965 at 1023.00 tons. Canada : central bank gold reserves (in ounces) Canada: Central bank gold reserves (in ounces) since January 1, 1890. The Rebel says most of Canadas gold reserve was sold off during the Mulroney and Chretien eras so Justins government really had small reserves to sell. Canada in 2015 had only $100 million USD in gold reserves,the other billions long gone. The figures from the Bank of Canada and Finance Department show that the country held 77 ounces at the end of February. Canada has been selling off most of its remaining gold reserves to the general public. Below is a list of the top 50 countries with the largest gold reserves as of January 30, 2018. Gold Reserves in Canada remained unchanged at 0 Tonnes in the first quarter of 2020 from 0 Tonnes in the fourth quarter of 2019. The largest holders of gold are the central banks, international organizations and governments. 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