Which country in Europe has the most gold?

If you mean official gold reserves held by central banks, the European countries with the largest gold holdings are approximately:

1. Germany – about 3,350 metric tonnes
2. Italy – about 2,450 metric tonnes
3. France – about 2,440 metric tonnes
4. Russia (partly in Europe and partly in Asia) – over 2,300 metric tonnes
5. Switzerland – about 1,040 metric tonnes
6. Netherlands – about 610 metric tonnes
7. Türkiye (transcontinental) – around 600+ metric tonnes
8. Portugal – about 380 metric tonnes
9. United Kingdom – about 310 metric tonnes
10. Spain – about 280 metric tonnes

If you mean gold mined from the ground, the ranking is different. Europe does not produce a large share of the world’s gold, but countries such as Russia, Finland, Sweden, and Türkiye are among the continent’s leading gold producers.

So:

• Largest official gold reserves: Germany
• Largest gold producer in Europe (including transcontinental countries): Russia