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World's Largest Holder of Gold? Indian Households!


on 2017/8/9 19:15:24 ( 520 reads )

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LONDON, U.K., August 4, 2017 (Bloomberg): The London Bullion Market Association this week lifted the veil on how much gold is stored in vaults in the city, which instantly joined a list of the world's biggest hoards. Their estimated 596,000 bars weigh 7,449 tons, far short of the holdings of "Indian Households," estimated over 22 metric tons. And Fort Knox? The US government is second in world gold holdings, with around 8 thousand metric tons. After London's hoard is thought to be Indian temples, with just under four thousand metric tons.

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