The Times of India

Higher than Indias GDP: Value of household gold at record high of over $5 trillion - why even RBI is buying the yellow metal

A recent Morgan Stanley report in October 2025 even pegs the total amount of household gold with Indians stands at 34,600 tonnes! However, it is important to understand that the two concepts - value of household gold and Indias GDP - differ fundamentally in terms of stock and flow concepts.