10 nations that control the world's gold:

10. INDIA (Gold reserves: 557.7 tonnes - The Indian population is a large consumer of gold for jewelry )

9. NETHERLANDS (Gold reserves: 612.5 tonnes - They keep gold to protect them if the euro co

mes unraveled.)

8. JAPAN (Gold reserves: 765.2 tonnes - It recently sold gold so that it could pump about $200 billion worth of yen into the economy as stimulus after the tsunami and nuclear disaster threatened to send Japan back into recession- right now it will buy that gold back)

7. RUSSIA ( Gold reserves: 936.7 tonnes - President Vladimir Putin and his allies want it to become more of an economic superpower)

6. SWITZERLAND ( Gold reserves: 1,040.1 tonne - Switzerland is the world’s private banker and will remain one of the largest holders of gold in the generations ahead if global banking disappears.)

5. CHINA ( Gold reserves: 1,054.1 tonnes - China has the ambition of becoming the largest economy in the world.)

4. FRANCE - ( Gold reserves: 2,435.4 tonnes - Gold as back up plan if euro faces an outright breakup)

3. ITALY ( Gold reserves: 2,451.8 tonne - It still need to buy more gold to cover its troubled economy)

2. GERMANY ( Gold reserves: 3,395.5 tonnes - still selling gold to buy paper assets)

1. UNITED STATES ( Gold reserves: 8,133.5 tonnes - needs gold and other resources to keep the dollar as the world’s reserve currency)

http://www.businessinsider.com/gold-reserves-by-country-2012-8?op=1