Gold holdings are the quantities of gold held by individuals, private corporations, or public entities as a store of value, an investment vehicle, or perceived as protection against hyperinflation and against financial and/or political upheavals. During the 19th and early 20th-century eras of the gold standard, national governments undertook an obligation to redeem the national currency for a certain amount of gold.
Gold holdings are the quantities of gold held by individuals, private corporations, or public entities as a store of value, an investment vehicle, or perceived as protection against hyperinflation and against financial and/or political upheavals. During the 19th and early 20th-century eras of the gold standard, national governments undertook an obligation to redeem the national currency for a certain amount of gold.
Source: Wikipedia "Gold holdings" · CC BY-SA 4.0
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