- Karnataka is the largest producer of gold, accounting for over 80% of total production.
Gold Consumption Update: In India, gold is not considered just as jewellery, rather people consider it an essential part of tradition and investment. Especially in South India, there are many states where the purchase and consumption of gold is highest. Gold has special importance in the culture here, which is why women wear gold in large quantities.
South India is at the forefront
A large part of domestic gold consumption in the country comes from South Indian states, where buying gold on weddings, festivals and special occasions is part of the tradition.
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Kerala
Kerala often ranks first in terms of gold consumption, here purchasing of gold is considered very important in social and cultural matters.
Tamil Nadu
At the same time, Tamil Nadu is also among the states leading in the purchase of gold. There is a huge demand for traditional jewelery here.
Karnataka and Andhra Pradesh
Karnataka and Andhra Pradesh are also included in this list. Both the states are counted among the major states in terms of gold consumption.
largest reserves of gold
Now if we talk about gold reserves, the country’s largest gold reserves have been found in Jamui, Bihar, which is considered to be about 44 percent of the total reserves.
Where is most production done?
If we talk about production, Karnataka is the largest producer of gold in India. It contributes more than 80 percent of the country’s total gold production. In South India, purchasing gold during weddings and festivals is considered very auspicious. This is the reason why the demand for gold always remains high in these states.
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