The Economic Times

Indias household gold holdings top $5 trillion, flags Kotak; warns of capital shift from financial savings

Indian households' gold holdings are projected to exceed $5 trillion by January 2026. This surge signifies a move from bank deposits to physical gold. The value of this gold is now a significant portion of household wealth. This trend could affect India's foreign exchange reserves. The report highlights a substantial increase in gold value over five years, driven by imports.