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Record Gold Prices Prompt Indian Households to Offload Old Jewellery

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A surge in gold prices has triggered a wave of selling among Indian households looking to cash in on their holdings of old jewellery. The trend is emerging at a time when India remains heavily reliant on imported gold. During FY26, India imported gold worth approximately $72.4 billion. Meanwhile, recycled gold is estimated to have contributed between 125 and 150 tonnes in 2025, reflecting the scale of domestic sell-offs.

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Record Gold Prices Prompt Indian Households to Offload Old Jewellery · ShortSingh