India’s household gold rises to $3.8 trillion, becomes 89% of GDP
The worth of India's household gold has increased to around $3.8 trillion (₹336 lakh crore), amounting to 88.8% of the country's GDP as the prices hit a record high, a Morgan Stanley report stated. India remains the world’s second-largest consumer of gold, accounting for 26% of global demand. Gold prices in India have increased by 62% in 2025.