GOLD prices are rising. Is it KILLING the US Dollar ? : Geopolitical Case Study

👉 Check out Odoo : ⭐️ Think School’s flagship Communication course with live doubt sessions : VIDEO INTRODUCTION: If you are an Indian you know how much Indians love buying gold right??!! India loves gold so much that we are the second-largest consumers of gold in the world!!! Infact, Indian own so much gold that it is more than than gold that is held by the central banks of the USA, Germany, Italy, France and Russia combined!! While us holds only 8100 tons, russia holds 2332 tons, Indian consumers hold 21,000 tons of gold!!! Now in the past 6 months, if you have been following the markets, something crazy has happened, while sensex gave % returns, Nifty gave %, the price of gold shot up by staggering 16.5%!! That is times of Sensex and times that of Nifty!! You know why this is extremely strange?? Because suddenly in the past 2 years,the central banks all around the world are suddenly buying tons and tons of gold. Infact, recently, India moved 100 tons of gold back to India. And, while India bought 69 tons of gold,china bought tons of gold, Poland in 2023 bought 130 tons,Singapore bought 125 tons and even the Czech Republic bought 75 tons of gold!! So overall, there is a trend of gold stacking all across the world and the gold prices are touching unbelievable levels!!! So the million dollar question is, Why are central banks all across the world buying so much gold? What are the most important global factors that are affecting gold prices right now? And lastly as investors, should you consider investing in gold or not?? Our Best Indian Business Case Studies: 1. Asian paints - 2. Amul - 3. Haldiram - 4. Lijjat Papad - ✅Study Materials: 1. #:~:text=The Bretton Woods system was drawn up and fixed the dollar to gold at the existing parity of US$35 per ounce, while all other currencies had fixed, but adjustable, exchange rates to the dollar. 2. 3. #:~:text=In 1945, as World War II ended, the United States had something like 75% of world monetary gold in its possession. Think School is a Digital School that we all deserved, but never had ►►Check out Think School’s Online courses: #thinkschool #businesscasestudy #geopolitics #gold #dollar #petrol #usa