New Delhi, March 20 -- Given the current gold prices and the average consumption over the past five years, India is expected to consume gold worth approximately $70 billion in 2025. While concerns over the widening current account deficit (CAD) persist, they often overshadow the broader perspective.

Gold continues to provide a buffer for Indian households during economic turbulence and volatility in risk assets. This resilience may explain why Indian households have historically weathered global economic crises better despite the absence of state-sponsored social security.

According to the World Gold Council, Indian households might be holding around $2.5 trillion ( Rs.220 trillion) worth of gold. Gold prices have risen by over 38% in t...