Indian Women Own 11% of the World’s Gold, Holding More Than Combined Reserves of Top Nations
Indian Women Own 11% of the World’s Gold, Holding More Than Combined Reserves of Top Nations
According to a report, Indian women reportedly own 11 per cent of the world’s gold. A report by the World Gold Council revealed that Indian women collectively own around 24,000 tons of gold. Notably, this accounts for about 11 per cent of the world’s total gold reserves in jewellery form.
The news was confirmed by a report from the Oxford Gold Group, which said that Indian households hold a total of 11 per cent of the world’s gold. It is said that 11 per cent of the world’s gold held by Indian households is more than the combined reserves of the United States, the International Monetary Fund (IMF), Switzerland and Germany.
The report also revealed that South India alone accounts for 40 per cent of India’s total gold reserve.
Indian Women Own 11% of the World’s Gold, Reveals Report
Indian women now own and hold 11% of the world’s gold, which is MORE than the next top 5 country’s reserves:
- Indian women – 24,000 tonnes
- USA – 8,133 tonnes
- Germany – 3,362 tonnes
- Italy – 2,451 tonnes
- France – 2,436 tonnes
- Russia – 2,298 tonnes
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