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Central banks around the world are silently filling their coffers with gold and common people are only keeping an eye on the rising prices of gold. Is this just a market move or a sign of a bigger global storm to come? The question is clear. But, answer There is no clear cut visible. In whose safe is the most gold locked in the world? RussiaAmidst the Ukraine war, tensions in West Asia and the fear of a global recession, some countries are quietly hoarding thousands of tonnes of gold. Is this just investment or preparation for a bigger conflict to come? And where does India stand in this race? Front, back or side? Today Clear Cut I will do this Complete accounting book.

What is gold reserve and why is there so much noise about it?

First of all let's clear the basic things. When we talk about the gold reserve of a country, it means the gold that the central bank or government of that country officially possesses. But Keeps. This gold is neither for jewelery showrooms nor for temples, but is directly for economic security, confidence in the currency and to show strength in times of crisis.

Former US Fed Chairman Alan Greenspan by One Wrote once, Gold still represents the ultimate form of payment. i.e. all the papers NotesAmidst the noise of digital currency and bonds, finally the trust rests on this yellow metal, i.e. gold.

Who has the most gold in the world?

World Gold Council Of According to the latest data, America is still the gold king of the world. He has more than 8100 tons of official gold reserves Most of which are considered to be Fort knox Like it is locked in high-security safes.

Germany comes in second place, with around 3,300 tonnes of gold. After this there are Italy and France, who have between 2,400-2,500 tonnes of gold.

Russia and China have emerged as the most aggressive buyers in the last decade. Both the countries now have around 2,300 tonnes of gold accumulated.

Countries like Switzerland, Japan and India 8001,000 Are in the range of tons. According to the data of Reserve Bank of India, India has between 800-900 tonnes of official gold, due to which India comes in the list of top 10 countries. But, compared to its population and consumption, this gold reserve is not considered very large.

Who bought the most gold in recent years?

Actually, the picture has changed since 2010. World Gold Council According to, in both 2022 and 2023 the world central banks by 1,000 Ton From more Sleep bought – it gold of purchase Of record level Is.

Russia by western After the sanctions, purchases of gold were intensified to reduce dependence on the dollar. Russian strategy in many research reports de-dollarization via gold It was said. That means moving away from dollar and towards gold.

from china People's Bank of China also kept gold in its reserve for consecutive months increase of Information Public of. Many analysts believe that China will SlowSlow distance by making Gold and many other commoditiesMoving towards backed assets.

Türkiye, Kazakhstan, Qatar, Poland and some ex-Soviet countries also remained among the major buyers, often through geo-Gold is being relied upon to protect against political instability and currency crisis.

Hungarian Central Bank Governor Gyorgy Matolcsy had clearly stated a few years ago that Gold is not just for profits, it is for national strategy. This means that now gold is not just a return, but National Security of It has become part of the strategy.

gold of price In So much Quick Fire Why felt?

Today international Market Gold is trading at historic highs. Many reasons are working together behind this. First reason – war and geopolitical tension RussiaUkraine, conflict in West Asia, increasing tension on Taiwan – amidst all this, investors run in search of safe haven, and that safe haven is gold.

Second reason – fear of inflation and recession When the dollar, euro or currencies of emerging economies come under pressure, people leave paper assets and move to physical gold or gold-backed instruments. Hedge fund manager Ray Dalio has said in several interviews that If you dont own gold, you know neither history nor economics. This means that a person who understands history and economics cannot completely ignore gold.

third Reason – Self central banks of purchased. When World Of big ones Central banks withdraw more than a thousand tons of gold from the market annually, so the supply becomes tight and prices go up.

India's gold: most loved, but what preparation?

India is one of the largest gold consumer countries in the world. Weddings, festivals, religious beliefs – all in all, gold in India is not just an investment but also a cultural sentiment.

But, the picture is different at the official level. rbi Which has about 800-900 tons of gold. That is only a part of our total foreign exchange reserves. in the last one or two years rbi slowlyThe purchase of gold has gradually increased, but India's strategy still does not seem very aggressive. India's problem is that we are a big importer of gold, not a producer. As international prices rise, our import bill swells. Current account deficit increases and the rupee comes under pressure. That means expensive jewelery for the common people, and expensive imports for the country. both togetherLet's go together.

That's why government gold bonds, gold ETF And hallmarking It is trying to take steps like financial import instead of physical import. gold investment go in, so that Who The amount has to be paid in dollars a little Less yes.

Future What does it say – gold and India's strategy

Many global reports believe that If geopolitical The tension continues like this and de-dollarization If the process is accelerated, the Central Bank will not reduce the purchase of gold. This means, there may be upward pressure on gold prices in the long run. Is.

India Of For The challenge is double. On one hand, the cultural demands of the general public, on the other hand, the compulsion of national security and reserve management. If India in its official gold reserves Increases in a balanced manner. Promotes local gold recycling and digitalIf financial gold products strengthen, then gold Addiction To One Strong Can be converted into economic power.

So the clear cut result is this – gold is no longer just a jewel, but also an asset.It has become the biggest weapon of political shield, economic insurance and central banks. From America to China and Russia, all the countries are silently filling their coffers. India has a lot of love for gold, but official preparations do not seem to be very strong yet. That's all for now in 'Clear Cut', what do you think? How aggressive should India be in its gold reserves and policy?