New Delhi, April 15 -- The value of household gold is nearing $5 trillion, comprising an impressive 65% of the non-property wealth in India, a Kotak Institutional Equities report showed. Overall, Indian households hold an average of 25,000-30,000 tonnes of gold, when divided across 24 crore census households, is around 100-150 grams per household. At current prices is this worth Rs.15-20 lakh, as per Sachin Sawrikar, Founder and Managing Partner of Artha Bharat Investment.

Experts do advice leveraging household gold assets for returns or as a line of credit, if it only serves an investment purpose and not use case (weddings, occasions, family jewels). Thus, we explain what gold loan and gold overdraft facility is, what they entail, what ...