INDIA

Indian Women Own 11% of the World's Gold, Holding More Than Combined Reserves of Top Nations; Here's How Much Tonnes of Gold Jewellery They Hold

Indian households hold a total of 11 per cent of the world’s gold. It is said that 11 per cent of the world's gold held by Indian households is more than the combined reserves of the United States, the International Monetary Fund (IMF), Switzerland and Germany.

Indian Women Own 11% of the World's Gold, Holding More Than Combined Reserves of Top Nations; Here's How Much Tonnes of Gold Jewellery They Hold

According to a report, Indian women reportedly own 11 per cent of the world’s gold. A report by the World Gold Council revealed that Indian women collectively own around 24,000 tons of gold. Notably, this accounts for about 11 per cent of the world's total gold reserves in jewellery form. The news was confirmed by a report from the Oxford Gold Group, which said that Indian households hold a total of 11 per cent of the world’s gold. It is said that 11 per cent of the world's gold held by Indian households is more than the combined reserves of the United States, the International Monetary Fund (IMF), Switzerland and Germany. The report also revealed that South India alone accounts for 40 per cent of India's total gold reserve. India’s CAD Likely to Exceed 2 Pc of GDP in Q3 FY25 Amid Gold Import Surge: Report.

Indian Women Own 11% of the World's Gold, Reveals Report

(The above story first appeared on LatestLY on Dec 30, 2024 11:19 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).