However, several websites, such as Gold Eagle, estimate the total private gold holdings to be about 15,000 metric tons.Ganesh Rathnam from article "Gold: India’s Capital Asset through History"
Wednesday, January 6, 2010
Private Gold Holdings
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Doing the calculation to find how much that gold is worth about 530 billion USD assuming gold is $1,100 per troy ounce. Not too shabby.
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