Zerodha
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A look at how much gold the top central banks around the world hold.
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Ashish Gupta
Founder - Fintech Platforms - Turning dreams into reality using AI, ML, Algos, Analytics, Blockchain
2d
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Funny because Indian households hold more gold than all of these combined. India is indeed the richest country even today, we were "sone ki chidya", we are "sone ki chidya" and will remain "sone ki chidya".
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Gaurav Kumar
MA-ODCL Co'25, TISS-Mumbai | Gabriel | RUR Greenlife | Tata Motors | Acumen | odX | Ex-IOCL | B.Tech in ME, NIT Jalandhar Co'13
1d
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RBI should increase its FOREX Gold Reserves to 1000 MT, in medium term and 3000MT in long term. It will help RBI to hedge against exchange rate volatility and also push for its de-dollarisation drive.
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RAVINDRA UMBARKAR
PG in Operations Management II B Tech. (Mechanical Engineering)!Rubber, Polymer II LSSGB II TPS IIT II Roorkee! Continuous Improvement II Lean Practitioner II TPM II Agility II
1d
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Indian Households: A Treasure Trove! But that is not all. Indian households reportedly hold an astonishing 21,000 tonnes of gold, surpassing even the World Bank's reserves, News18 had reported in 2023. The accumulation of gold by nations is primarily due to its reputation as a stable store of value.https://www.news18.com/amp/business/at-21000-tonnes-indian-households-possess-more-gold-than-world-banks-reserves-8193427.html
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Roshni Mehra
Multipotentialite | Data~Analytics~Automation~BA~BI Engineer
2d
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Indian households and Temples might hold more gold than all these countries combined 🤣😝
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CA MANIKANTA SRINIVAS NADELLA
CA in Practice
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That's a cool insight
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