Wednesday, 10 August 2011

Indians hold gold worth $1 trillion

Assalamualaikum dan salam sejahtera semua...

Kali ni, GCPK nak share artikel pasal simpanan emas oleh rakyat India.... India??? Hmmm.... Biar betul.... selama nie yang kita tau pasal India pun, Bollywood, Mollywood, Slumdog Millionaire.... tak pun Shah Rukh Khan... Betul tak... tak tau plak pasal simpanan emas oleh rakyat India... Tak sangka plak negara yang terkenal dengan isu kemiskinan ini, rupa-rupanya merupakan negara yang mempunyai simpanan eams yang banyak oleh penduduknya.... So, sama-samalah kita membaca.....
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Indians hold gold worth $1 trillion

If gold is considered as a symbol of prosperity and good fortune, then definitely Indians are prosperous. If the entire gold holdings in the country is sold off, each Indian citizen will get over Rs 37,000 at the current price level of Rs 25,000 per 10 grams.
After the sizzling rally in the yellow metal in the last two years, the total value of the gold holdings in the country — estimated at around 18,000 tonnes — has zoomed to around Rs 45,00,000 crore ($1 trillion). For 121-crore strong Indian population, this works out to around Rs 1.5 lakh per household of four members. This is also equivalent to around 71 per cent of India’s market capitalisation of listed shares and 66 per cent of total GDP.
According to the World Gold Council, Indians hold the largest stock of gold in the world — 18,000 tonnes of which is held by Indian households. It is estimated that 7 per cent of India’s $256 billion in total household savings is currently held in gold, WGC says. And demand is increasing. “Nearly 50 per cent of the population is under 25 and there will be approximately 15 million weddings per annum over the next decade. Gold will continue to form an integral part of weddings. This will drive approximately 500 tonnes (Rs 1 trillion at the prevailing gold price and exchange rate) of new gold demand per annum, together with a further 500 tonnes of existing gold being gifted by one family to the next, WGC says.
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P/s:- 18,000 tonnes of gold = USD1 Trillion...... Hutang US pulak dah sampai USD14 Trillion.... maknanya, US Reserve kena ada 252,000 tonnes of gold untuk langsaikan hutang kreditnya.... Banyak tuuuu!!!!!

So, untuk pembaca setia blog GCPK, apa tunggu lagi.... Harga emas dijangka naik lagi.... almaklumlah tak lama lagi wedding season kat India.... time nie lah bakal-bakal pengantin yang merangkumi separuh dari 1.2 billion penduduk India akan memborong emas!!!! Meaning, banyak demand = harga emas naik!!!

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