A world Gold council report estimates that privately held Gold by Indians 18000 tons of Gold...... At today's Gold price of $ 1881 per ounce and today's exchange rate of 46.00, this would put the value of privately held gold in India at 5,004,000.00 crores or at $ 1.11 trillion.
Value of Gold Reserves that Government of India has is $ 33.73 billion. ( Quantum: about 557 tons).......The single highest Gold reserve held by a country is that of the US at 8120 tons- Value: $ 490.00 billion......Followed by Germany at 3390 tons- Value : $ 205.00 billion...........Estimated sovereign held reserves total 30,695 tons- Value: $ 1.85 trillion.
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