The quantity of gold held by the top 10 central banks, including the International Monetary Fund (IMF), is estimated to be in excess of 25,000 tons, which makes them the third - largest investor in the
precious metal following
retail investments in jewellery and bars / coins.
Institutional investors rarely invest in the
precious metal, let alone crypto - currencies for that matter, and according to them,
investments in gold are generally carried out by
retail investors in countries such as India and China, with central banks contributing to the rest of the global demand.