Indian Woman has the strongest relationship and love with Gold
- In International Sports Woman have Many Gold Medals
- At Home Gold Savings are because of Woman
- India Happens to the largest consumer of Gold
- India Makes best of the Designs
- India Owns Maximum Gold , worth almost 50 lakh crores - refer calculations below
BRAVO TEAM INDIA , BRAVO Incredible Shining Indian Girls Alongwith sharing and congratulating the team, we all and the world must know the challenges that each of the player face
Bravo India , players has been facing and is even now facing , how they live, their background and lack of facilities and we are also talking about GST- Direct and Indirect Collections, top 5 in GD
Bravo Indian Woman, Mother India Movie - a Must See, Challenges even after 75 years of freedom and trillions of dollars of Tax Collections in last 75 years. Jaago Indian's Jaago India, Young India
Haryana giving, 25% of Olympic squad despite 2% contribution to India's population
Players coverage -
https://www.moneycontrol.com/news/trends/sports-trends/hockeys-history-makers-meet-the-ladies-who-defied-odds-to-fly-high-at-tokyo-olympics -7263271.html
https://youtu.be/LZcMzgx8c0Y
2 comments:
## 🟡 **Gold in India – Summary (2025)**
### **1. Official Reserves (RBI)**
* India holds ~**880 tonnes** of gold in official reserves (~14.7% of forex).
* Used as a hedge against currency risk.
* **Domestic gold production is negligible** — almost all gold is imported.
### **2. Imports vs. Exports**
* **Imports (2023):** ~US $47 billion (₹ 3.7 trillion in FY24).
* **Exports:** Only ~10% of imports over 25 years (mainly jewellery).
* **Implication:** Large net imports worsen the **trade deficit**, expose India to **global gold prices**.
### **3. Private Holdings (Households & Temples)**
* **Households:** Hold ~**34,600 tonnes** of gold (~US $3.78 trillion or 88.8% of GDP).
* **Temples:** Hold an estimated **~5,000 tonnes**; only a small part monetised.
* **Tamil Nadu example:** 1,074 kg temple gold deposited in SBI earns ₹ 17.8 crore annually.
**Key Insight:** India’s **private gold holdings dwarf official reserves** and are largely outside the formal economy.
### **4. Gold in Savings & Culture**
* Gold serves dual purpose: **cultural (jewellery)** + **financial (investment, insurance)**.
* ~**40% of household non-property wealth** is in gold (vs ~5–6% in equities).
* Investment in **bars/coins** is rising.
* Gold is **not income-generating** unless monetised → high **opportunity cost**.
### **5. Key Data Table**
| Category | Value/Quantity |
| ----------------------- | -------------------------------------- |
| Household gold holdings | ~34,600 tonnes (~$3.78 trillion) |
| Temple gold (est.) | ~5,000 tonnes (mostly idle) |
| Imports (2023) | ~$47 billion (₹ 3.7 trillion in FY24) |
| Exports (25-year avg.) | ~10% of import volume |
| RBI official reserves | ~880 tonnes (~14.7% of forex reserves) |
-### **6. Policy & Economic Implications**
* **Trade & forex pressure** from high imports.
* Massive **hidden wealth** in private gold → could be monetised for credit/investment.
* Mobilising gold (e.g., temple deposits) offers economic potential.
* Cultural attachment to gold limits financial diversification.
### **7. Limitations**
* Household/temple gold data are **estimates**, not directly measured.
* **Price-sensitive**: Gold valuation changes rapidly with market swings.
* Jewellery ≠ pure bullion (due to making charges, lower liquidity).
in 2016 - BS Article and WGC says 22000 T
temples itself must be having 4000 T and by now almost 5000 T is a good estimate when a single temple has 1300T in South
https://www.business-standard.com/article/current-affairs/temples-hold-about-4-000-tonnes-of-gold-116032400306_1.html
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