Gold As a Percentage of Global Financial Assets | BullionBuzz Chart of the Week
In the 1960s, most investors and financial institutions held about 5% of their portfolios in gold.
Today, individual investors and institutions hold less than 0.5%. If global investors reallocated just 5% of their financial assets to gold that would be $14.7 trillion of increased demand trying to purchase less than $1.8 trillion of privately held gold bullion. The current price would have to rise by at least 8-fold to $10,560 per ounce.