ReferIndia News Transforming Gold Reserves: India's Path to a $41.5 Trillion Economy by 2047

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Transforming Gold Reserves: India's Path to a $41.5 Trillion Economy by 2047

Published on: April 10, 2026, 6:19 p.m. | Source: Devdiscourse

India's household gold reserves surpass those of any other nation and if 2% is converted to financial assets annually, it could boost the GDP by $7.5 trillion by 2047. ASSOCHAM highlights the potential macroeconomic impact of this wealth in various segments of the Indian economy.

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