Birdwatch Note Rating
2024-05-01 21:34:58 UTC - NOT_HELPFUL
Rated by Participant: 2CBCEEA8CE1AE13964E79A29958EE684CF3A1ED92D33255154407B89660C3EDD
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Original Note:
The worlds gold is only worth 12 trillion combined. India has only extracted 812.3 tons of gold, less than 9% of the worlds current gold supply. That's 812,000 KG, which goes for $73669 USD per kilo x 812,000 KG = 59,819,228,000 billion USD, just 34.9 trillion dollars short. https://www.gold.org/goldhub/gold-focus/2024/02/indias-gold-market-update-muted-consumption-demand https://en.wikipedia.org/wiki/Gold_reserve
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