More Americans own silver than gold In total, 11.6 percent of those surveyed said they owned silver. In the case of gold, it was 10.8 percent. According to the survey results, a combined 10.8% of Americans own gold, while a combined 11.6% own silver. Are you interested in collecting gold and looking for the best place to invest in a Gold IRA? The precious metals magazine Gold IRA Guide recently released a survey that revealed that it may have more companies than you think offering the Best Place for Gold IRA investments. Using the independent survey service Google Surveys, 1500 men and women aged 18 to 65 or older were targeted.
Respondents lived from coast to coast, so the magazine was able to get the widest range of responses possible. The results? 12% of Americans own gold, 14.7% own silver, and, as predicted, middle-aged participants were more likely to own precious metals in general. Even so, when the magazine applied certain filters to their data, they noticed some surprising trends among different demographic groups. All of this data points to significant revelations for the collection of precious metals in the United States.
The table can be scrolled on smaller screens. The gold reserve held by the Treasury Department is partially offset by the obligation of gold certificates issued to Federal Reserve banks at the legal rate, which the Treasury can exchange at any time. A figure of around 1% or less seems to be a common figure for the number of people who own gold in the U.S. UU.
According to a survey by the World Gold Council, “the number of respondents who will increase their own gold stocks has risen to 21%, compared to 20% last year. In addition, the fact that more Americans own silver instead of gold is intriguing, said Amine Rahal, executive director of the Gold IRA Guide. The World Gold Council, which gathers and disseminates mountains of statistics on gold, says it cannot provide an estimate of the number of Americans who own gold as an investment. For most of the history of the United States, that question has been almost irrelevant (during the 19th century, the vast majority of Americans could not afford to invest in any asset other than those that kept them alive) or a non sequitur (from 1933 to 1975, it was not legal for Americans to own gold as an investment).