TNPSC Thervupettagam

India’s gold investments 2024

February 8 , 2025 13 hrs 0 min 37 0
  • The Gold investments in India surged by 60% in 2024, reaching $18 billion (approximately Rs 1.5 lakh crore), compared to 2023.
  • The World Gold Council (WGC) report added that gold investment demand stood at 239 tonnes, marking its highest level since 2013.
  • This was a 29% increase from the 185 tonnes recorded in 2023.
  • At 239 tonnes, the country’s gold investment accounted for 20% of the global demand in this category, which stood at 1,180 tonnes in 2024.
  • Worldwide demand also grew by 25% compared to 945.5 tonnes in 2023.

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