Inquisitive • 4m
India is nowhere near the US in terms of the amount of Gold Reserves held. In fact a big portion of the US's gold is stored in Fort Knox vault (2nd image). Fort Knox currently holds over 147 ounces of US Gold but the interesting thing is that the last full audit of Fort Knox was done in 1953! Elon Musk and Donald Trump now want its full fledged audit to be done. So now, what if they found out that the vault isn't as full as it was supposed to be? Will the US economy crumble or will something else happen? Who knows!
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The Institute of Chartered Accountants of India • 3m
Different Ways to Invest in Gold 🪙 If you invest ₹5 Lakhs for a period of 5 years, what could your ROI look like across different gold investment options? There are commonly 5ways to invest in gold. 🪙 Physical Gold (Jewelry, Coins, Bars) 🪙 Digi
See More🎥-🎵-🏏-⚽ "Finding ... • 5m
RBI Increases Gold Purchases The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25. This move aims to diversify its foreign exchange reserves and mitigate revaluation risks, as part of efforts to m
See MoreHead of Finance @ Th... • 1y
India’s Gold Loan Market: A Glittering Opportunity The Sparkling Growth: Bajaj Finserv Ltd., a diversified NBFC, predicts India’s gold loan market—valued at $55.52 billion in 2022—will soar to $124.45 billion by 2029. A 12.22% annual growth fuels t
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