New Delhi, March 31 -- Be it for cultural reasons, or savings for the future (marriage, children's education, etc.) or as an investment, Indian households hold a significant amount of gold as an asset. In fact, Indian households hold around 25,000 to 30,000 tonnes of gold.

Sachin Sawrikar, Founder and Managing Partner of Artha Bharat Investment, noted that divided across 24 crore census households, that works out to about 100-150 grams per household, worth Rs.15 to 20 lakh at current prices. "Distribution is highly skewed, with affluent and southern households holding far more. In FY25 alone, a 35% rise in gold prices generated an estimated $750 billion in household wealth gains in a single year," Sawrikar added.

Further, according to a...