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From the era of kings and emperors to today’s billionaires, one thing that has always been special is gold. In olden times, it was not just a sign of wealth, but a symbol of power and pride. Time has changed, but the glow of gold and its importance remains the same today.
Especially in the era of economic uncertainty, gold has emerged as the safest investment, which is still called the ‘king of uncertainty’. In today’s world, gold is well liked not only in jewelery but also as investment. Be it central banks, billionaire investors or common man, gold is present in some form or the other portfolio.
Who has the most gold?
According to the report of Financial Express, if we talk about government reserves, America is at the forefront. By December 2024, the US had 8,134 tonnes of gold, which is the highest in the world. This is followed by the number of Germany, China and India. India has 876 tonnes of gold, which is included in the national reserve.
But the real shocking figure comes when we talk about gold kept by the general public. According to reports, Indian families have about 24,000 tonnes of gold, which is equal to the total stock of central banks from all over the world. The people of China are at number two, who have about 20,000 tonnes of gold.
How much is it right to invest in gold
At this time in india gold price 95,240 per 10 grams has reached and may soon touch the figure of 1 lakh. At the same time, gold is trading at $ 3,333 an ounce in the international market, which has given a return of about 40 percent in the last one year. In such a situation, experts recommend that 10 percent of your portfolio is a sensible step to invest in gold. So next time you buy a gold ring or coin, do not consider it just a jewelry or gift, but consider it a strong cover of your economic security.
(Tagstotranslate) Gold price
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