Gold - AshokBhat/investing GitHub Wiki
About
- Serves as money
Price in India (Jul 23)
- Price of gold in India is around 20% more than in international markets.
- This is due to the effective duty on Gold of 18.45%
- SGB price is based on 999 purity gold price published by IBJA - India Bullion and Jewellers Association Ltd.
World Holdings (2011)
| Type | In tons | % of Total |
|---|---|---|
| Total | 171,300 | 100% |
| Jewellery | 84,300 | 49.2% |
| Investment | 33,000 | 19.26% |
| Central bank gold reserves | 29,500 | 17.2% |
| Industrial | 20,800 | 12.14% |
| Unaccounted | 3,700 | 2.2% |
Technical chart
