New Delhi, Feb. 6 -- Gold investments in India saw a significant surge in 2024 with a rise of 60 per cent in value terms to reach $18 billion (approximately Rs 1.5 lakh crore) compared to 2023, according to a report.

The World Gold Council (WGC) report further added that gold investment demand stood at 239 tons, marking its highest level since 2013. This was a 29 per cent increase from the 185 tonnes recorded in 2023.

The yellow metal investment remained strong in the October-December quarter, with demand reaching 76 tons, nearly matching the previous quarter's performance, the report said.

At 239 tons, the country's gold investment accounted for 20 per cent of the global demand in this category, which stood at 1,180 tons in 2024. The ...