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There is no restriction on how much gold an individual can hold. Here, gold does not only mean jewellery, but it also includes gold coins, gold bars, and other forms.
You may be plagued with different questions about investing in gold, but at the end of the day it means safety.
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yeah untill someone knows you have 100k of one ounce bar in your house, then you will be totally safe to go out to get groceries or something