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Charts & Analysis

Chart Of The Day: Gold Holdings By Central Banks

India has a lot of gold, we think, but how does it compare to what other central banks have stashed away?

Gold By country

A ton of gold is worth around $56 million. India has only a TINY amount in comparison. Of course our private hordes of Gold are substantial; including those at temples or buried away.

Source: RBI’s recent paper on Gold holdings.