Saturday , April 27 2024
Home / Mike Norman Economics / Banikinkar Pattanayak — Indian Households Hold More Gold Than the World’s Top 10 Central Bank Holders Combined

Banikinkar Pattanayak — Indian Households Hold More Gold Than the World’s Top 10 Central Bank Holders Combined

Summary:
This is nothing new. India households have always been holders of gold. Chinese households also have a preference for gold.As India and China become more prosperous, this demand will likely increase.Checkpoint AsiaIndian Households Hold More Gold Than the World’s Top 10 Central Bank Holders CombinedBanikinkar Pattanayak

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Matias Vernengo writes Book Presentation “India from Latin America. Peripherisation, Statebuilding, and Demand-Led Growth” by Manuel Gonzalo

Chris Blattman writes Why are so many African and Asian nations ambivalent about Russia’s invasion? International identity politics

Chris Blattman writes Remembrances of an Indian development economist

Lekha Chakraborty writes An Accommodative Fiscal Stance Is Crucial for India

This is nothing new. India households have always been holders of gold. Chinese households also have a preference for gold.

As India and China become more prosperous, this demand will likely increase.

Checkpoint Asia
Indian Households Hold More Gold Than the World’s Top 10 Central Bank Holders Combined
Banikinkar Pattanayak

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *