Indian Househld Gold Holdings: The craze of gold in India is different. Alam is that marriage without gold and silver jewelry is considered incomplete. Many times people gift small gold jewelry to each other on some occasion. Gold is considered auspicious in India. Apart from this, its demand in the form of safe investment is also very high. The result of this crazy about gold is that Indian families have about 25,000 tonnes of gold and this figure is increasing. With this, Indian families have the highest gold in the world.
Many countries do not even have so much gold
Referring to this attachment of Indians towards gold, a research analyst revealed a shocking data in the month of March. According to this, the property of the people in India rose by about 750 billion dollars through gold in just one year. This shows that there was a purchase of gold in the last one year across the country. Through one of its posts in X, AK Madhavan said that India’s private gold reserve is 25,000 tonnes, which is more than the Gold Reserve placed with the US, Germany, China and even the Reserve Bank of India.
Gold Holdings of Indian Households: Quantity: Indian Households Are Estimated to Possesses Approximately 25,000 Tonnes of Gold.
Comparison with Central Banks: This Amount Surpasses The Combined Gold Reserves of the World’s Top 10 Central Banks, Including these of the US, Germany,…– AK Mandhan (@A_K_MANDHAN) March 30, 2025
India is the second largest buyer of gold
Let us know that the total gold reserve kept near Central Banks from countries like America, Germany, Italy, France, Russia, China, Switzerland, India, Japan and Turkey is also not equal to the gold reserve with Indian families. This shows how important people in India consider gold from the perspective of savings or investment.
Gold has always been a favorite of people in India because it acts as a shield amidst inflation, economic uncertainty and fluctuations in currency. Its demand increases even more during the wedding season or in the festive season. People in the village many times use gold in banks and to meet their needs. Despite the global fluctuations in gold prices, India remains the second largest gold consumer in the world after China.
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