India & China dominate global gold demand (800+ tn/yr each). Indian households hold ~34,600 tn gold, worth $3.8T (89% of GDP)! 🤯 This stock offers a wealth effect, boosted by low interest rates & tax cuts. #GoldHoldings #WealthEffect #Macroeconomics

India's Forex reserves drop for 2nd week, down $2 bn to $652.86 bn ensure market stability.

The increase in #goldholdings highlights India's strategy to maintain a diversified reserve base,

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