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.

 

Gold As a Percentage of Global Financial Assets | BullionBuzz Chart of the Week

Source: Dan Popescu and BMG Group Inc.; CPM Group

Please share...

This Post Has 7 Comments

  1. Pingback: “Bitcoin’s Market Cap Will Go To The Trillions Range,” Analyst Calls Long Term BTC Value – My Crypto

  2. Pingback: “Bitcoin’s Market Cap Will Go To The Trillions Range,” Analyst Calls Long Term BTC Value – NttConsultants – Crypto, Tech, Finance & Business News

  3. Pingback: “Bitcoin’s Market Cap Will Go To The Trillions Range,” Analyst Calls Long Term BTC Value – Tanish.org – Crypto, Tech, Finance & Business News

  4. Pingback: “Bitcoin’s Market Cap Will Go To The Trillions Range,” Analyst Calls Long Term BTC Value | Crypto Basset Hound

  5. Pingback: “Bitcoin’s Market Cap Will Go To The Trillions Range,” Analyst Calls Long Term BTC Value | Bitcoin news and cryptocurrency news aggregator.

  6. Pingback: “Bitcoin’s Market Cap Will Go To The Trillions Range,” Analyst Calls Long Term BTC Value – Hueman

  7. Pingback: Bitcoin’s Market Cap Will Grow To Trillions Range - Crypto Planet360

Leave a Reply

Your email address will not be published.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