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India’s gold investments soared by 60% to $18 billion

Kumari Sonali

India’s gold investments soared by 60% to $18 billion:

India witnessed a remarkable 60% surge in gold investments, reaching $18 billion (approximately ₹1.5 lakh crore), as per a report by the World Gold Council (WGC). This increase was driven by rising gold prices, reduced import duties, and heightened demand during festive seasons. India’s gold investment demand reached 239 tonnes—the highest since 2013—accounting for 20% of the global gold investment demand

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