{"id":505,"date":"2011-02-18T14:42:45","date_gmt":"2011-02-18T03:42:45","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/indias-households-hold-a-lot-more-gold-than-chinas\/"},"modified":"2011-02-18T14:42:45","modified_gmt":"2011-02-18T03:42:45","slug":"indias-households-hold-a-lot-more-gold-than-chinas","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/indias-households-hold-a-lot-more-gold-than-chinas\/","title":{"rendered":"India&#039;s Households hold a lot more Gold than China&#039;s"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/moneymorning.com.au\/images\/mm20110218aa.jpg\" title=\"India-China Household Gold\" class=\"alignnone\" width=\"623\" height=\"435\" \/><\/p>\n<p>I wonder if the marked discrepancy between India and China household\u2019s gold holdings, so starkly shown in the chart above, is due to China having a strong and perhaps speculative housing market, giving the mainland Chinese a second option for wealth accumulation?<\/p>\n<p>Or is it simply that the accumulation of gold by China\u2019s households\/individuals hasn\u2019t had time to build up following the removal of restrictions just a couple of years ago?<\/p>\n<p>Or is it that India\u2019s households have more heavily accumulated gold due to a long established cultural factor where poor Indians store their wealth as personal gold jewelery?<\/p>\n<p>If the discrepancy is due to the \u201ctime in the market\u201d factor then we probably can expect China\u2019s massive rural population to emulate India\u2019s and that would give the gold market a very substantial \u201csecond\u201d leg.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I wonder if the marked discrepancy between India and China household\u2019s gold holdings, so starkly shown in the chart above, is due to China having a strong and perhaps speculative housing market, giving the mainland Chinese a second option for wealth accumulation? Or is it simply that the accumulation of gold by China\u2019s households\/individuals hasn\u2019t [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-505","post","type-post","status-publish","format-standard","hentry","category-gold-blog"],"_links":{"self":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/comments?post=505"}],"version-history":[{"count":0,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/505\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/media?parent=505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/categories?post=505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/tags?post=505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}