Major Holders of U.S. Treasury Securities vs Gold Reserves, (March 2018) | Chart of the Week

As of May 2018, Russia holds only $14.9 billion in US treasuries, Canada and Norway are the only countries with zero gold reserves and high US debt and only France, Germany and Italy have more in gold reserve compared to their US treasury securities.

Source: ticdata.treasury.gov; World Gold Council; tradingeconomics.com; LBMA; BMG Group Inc.