Gold jewellery is of utmost importance in India. You must have noticed that in Indian weddings or any other function, gold jewellery is the first choice of the women of the house. In our country, women in every house have some gold. Wearing gold jewellery is considered auspicious even on religious occasions. But do you know how much gold Indian women have? Today we will tell you about it.
Gold in India
In India, gold is worn more than in many other countries. From women to men, there is a craze for wearing gold. Women especially like to wear gold jewellery. In many states of India, women wear gold jewellery even in religious events.
How much gold do women have?
According to a report by the World Gold Council, Indian women have about 24,000 tonnes of gold. This gold can be considered the world’s largest gold treasure. The WGC report also states that Indian women wear 11 percent of the world’s total gold reserves as jewellery. Let us tell you that the amount of gold worn by Indian women is more than the total gold reserves of the top 5 countries of the world.
Women in this state wear the most gold
Let us tell you that the highest use of gold by women in India is in South India. South India has 40 percent of the total gold in the country, while Tamil Nadu state alone has 28 percent of the gold. In simple terms, women in these states of India have the most gold jewellery.
Which country has how much gold
The US has a total of 8000 tonnes of gold while Germany has 3,300 tonnes. Apart from this, Italy has 2450 tonnes, France has 2400 tonnes and Russia has 1900 tonnes of gold. It is worth noting that India has transported its 100 tonnes of gold kept in Britain to domestic vaults in the financial year 2023-24. This is the largest transfer of gold since 1991. Let us tell you that in the year 1991, a large part of the gold was taken out of Indian vaults to be mortgaged to deal with the foreign exchange crisis.
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