From the era of kings and maharajas to today's billionaires, one thing that has always been special is gold. In the olden times, it was not just a sign of wealth, but it used to be a symbol of power and pride. Times have changed, but the shine and importance of gold remains the same even today.
Especially in the era of economic uncertainty, gold has emerged as the safest investment, which is still called the 'King of Uncertainties'. In today's world, gold is well liked not only in jewellery but also as an investment. Be it central banks, billionaire investors or common people, gold is definitely present in some form or the other in everyone's portfolio.
Who has the most gold?
According to the report of Financial Express, if we talk about government reserves, then America is at the forefront. As of december 2024, America had 8,134 tonnes of gold, which is the highest in the world. After this comes 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 the gold held 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 of the whole world. The people of china are in second place, who have about 20,000 tonnes of gold.
How right is it to invest in gold
At present, the price of gold in india has reached Rs 95,240 per 10 grams and can soon touch the figure of 1 lakh. At the same time, gold is trading at $ 3,333 per ounce in the international market, which has given a return of about 40 percent in the last one year. In such a situation, experts advise that investing 10 percent of your portfolio in gold is a wise step. So the next time you buy a gold ring or coin, do not consider it just a jewellery or a gift, but consider it as a strong cover for your financial security.
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