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2.4 billion ounces of gold

Commentaries & Views

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CPM Group's Jeffrey Christian explores the 2.4 billion ounces of gold held by private and central bank gold holdings. He compares these financial assets to the stocks of paper assets held both by private investors and governments, discusses the unprecedently massive volumes of gold purchased over the past 20 years by both groups, the role of gold in financial holdings, and some of the factors driving the impulse to own and store gold.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.