India's gold investments surge 60% to ₹1.5 lakh crore in 2024

Gold investments in India soared by 60% in value terms to $18 billion, or approximately ₹1.5 lakh crore in 2024, as compared to 2023, according to a report released by the World Gold Council. In absolute terms, the demand for gold as investment stood at 239 tonnes in India, which is the "highest since 2013", WGC stated. This is 29% higher as compared to 185 tonnes in 2023.