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Who owns maximum gold in India

India is the 2nd largest consumer of gold in the world. Here is a look at how much gold is owned by whom- from private households to temples to the government- across different regions of India.


WHO OWNS MAXIMUM GOLD IN INDIA?
It sparkles. It’s priceless. It’s always in demand. 
Everyone wants gold, but who has the most of it? 
Let’s have a look.
India, second largest jewellery market in the world Past Gold purchases 662 tonnes of Gold jewellery bought in 2015 514 tonnes of Gold jewellery bought in 2016 (effect of demonetization policy)
break up
PRIVATE HOUSEHOLDS 22,500 tonnes | TEMPLES 2000-4000 tonnes | ETF HOLDINGS 23 tonnes | GOVERNMENT 557.8 tonnes
Region-wise Gold jewellery market share
WEST INDIA 25%, EAST INDIA 15%, NORTH INDIA 20%, SOUTH INDIA 40%
WEST INDIA 25%, EAST INDIA 15%
Rural vs. Urban areas Purchase of gold increases with rise in income. Rural India buys more gold compared to Urban India.
RURAL 74%, 76%, 93% | ANNUAL INCOME Rs. 40,000 to Rs. 1 lakh, Rs. 1 lakh to Rs. 4 lakh, Rs. 4 lakh and above | URBAN 49%, 60%, 80%
Top 5 temples owning Gold
Padmanabha Swamy Temple Kerala 1300 tonnes
Sri Venkateswara Temple Andhra Pradesh 250-300 tonnes
Vaishno Devi Temple Jammu & Kashmir 1.2 tonnes
Shirdi Sai Baba Temple Maharashtra 376 kg
Siddhivinayak Temple Maharashtra 160 kg

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