Back to today’s briefing

Story perspectives

India's Gold Wealth Surges to $3.8 Trillion Amid Price Rally

10/11/2025

26 6

Summary

Story summary

India's household gold wealth reached about $3.8 trillion, nearly 89% of GDP, after a 62% price rally in 2025.
Households hold about 34,600 tonnes of gold, making India the world's second-largest consumer after China.
The value of gold consumption reached a record $68 billion in June 2025.
India relies heavily on gold imports with negligible domestic production, while analysts expect a shift to financial assets as inflation remains lower.

1 of 1

Story summary

India's household gold wealth reached about $3.8 trillion, nearly 89% of GDP, after a 62% price rally in 2025.
Households hold about 34,600 tonnes of gold, making India the world's second-largest consumer after China.
The value of gold consumption reached a record $68 billion in June 2025.
India relies heavily on gold imports with negligible domestic production, while analysts expect a shift to financial assets as inflation remains lower.