The Indian gold market is one of the world’s largest and most extensive gold markets, with an estimated 23,000 tonnes of private gold held within India’s borders. In India, gold is revered and held as a traditional form of savings and wealth preservation, particularly in the form of gold jewelry. With minimal gold mining production, Indian gold demand is predominantly met by gold imports, both official and unofficial (smuggling).
This infographic by BullionStar.com guides you through the following characteristics of the Indian gold market.
Irma Wallace
Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.
