![Indian Households have more gold 🪙 than the combined reserves of these countries' central banks. : r/wallstreetbets Indian Households have more gold 🪙 than the combined reserves of these countries' central banks. : r/wallstreetbets](https://preview.redd.it/indian-households-have-more-gold-than-the-combined-reserves-v0-r7nnlm5j8ux91.jpg?auto=webp&s=da7afc514596ce5547fc06ffdadfbd002ca076bc)
Indian Households have more gold 🪙 than the combined reserves of these countries' central banks. : r/wallstreetbets
![India Obsession for Gold - Indian household holds approx 25,000 tonnes of gold reserves, making equivalent, or more than 40% of India's nominal gross domestic product (GDP) which is about $1,135 billion. India Obsession for Gold - Indian household holds approx 25,000 tonnes of gold reserves, making equivalent, or more than 40% of India's nominal gross domestic product (GDP) which is about $1,135 billion.](https://preview.redd.it/ylvkys31qxk71.png?width=2016&format=png&auto=webp&s=e6d986358891d188b3589ef36ee2261c46fe5281)
India Obsession for Gold - Indian household holds approx 25,000 tonnes of gold reserves, making equivalent, or more than 40% of India's nominal gross domestic product (GDP) which is about $1,135 billion.
![Indian families hoarding gold borrow against precious metal rally | Coronavirus pandemic | Al Jazeera Indian families hoarding gold borrow against precious metal rally | Coronavirus pandemic | Al Jazeera](https://www.aljazeera.com/wp-content/uploads/2020/07/80c7cdcb44474cf6b2f525e50f5f578e_6.jpeg)