WGC sees India sourcing 20% of gold demand domestically by 2047

The World Gold Council says policy reform, mining investment and gold financialisation could raise domestic supply to 20% of India’s annual gold demand by 2047, reducing import reliance and supporting jewellery manufacturing.

— Filed Tue, 4 Aug, 2026, 21:02 IST · Source The Hindu BusinessLine · Updated

World Gold Council says policy reforms, mining investment and gold financialisation could let India source 20% of its gold demand domestically by 2047, supporting jewelry manufacturing, lower import dependence and a proposed National Gold Board.