New Delhi, April 10 -- India's household gold holdings are the highest among major gold-reserve-holding economies of the world amid a sharp rise in 2024-25 and early 2026, ASSOCHAM said in a press release on Friday.

"Channelising 2% of gold holdings into financial assets each year can add USD 7.5 trillion to India's GDP by 2047, bringing it to more than USD 40 trillion," the press release said.

The industry body noted that the accumulation of gold by Indian households over the years is much larger than the combined gold reserves of the top 10 central banks.

"Even if 2% of household gold holdings are channelled into financial assets every year, the 40% oftotal gold holdings in financial assets by 2047 will add an additional USD 7.5 tril...