17 Sep 2025 | 5 Mins Read

India's gold reserves dispel 'dead economy' claims

Flipitmoney

Gurmeet Chadha highlights India's massive gold holdings, estimated at nearly $3.5 trillion, comprising 26,000 tonnes from households, 900 tonnes from the RBI, and 4,000 tonnes from temples and gurudwaras. This figure challenges criticism of India's economy being "dead" despite global economic uncertainties, with recent data showing a robust 7.8% GDP growth in Q1 FY26.