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flag India's gold holdings exceed global central bank reserves, potentially boosting GDP to $40 trillion by 2047.

flag India's household gold holdings have surpassed the combined reserves of the world's top 10 central banks, valued at an estimated $5 trillion according to industry body Assocham. flag The report suggests that channeling just 2% of this gold into financial assets annually could add $7.5 trillion to India's GDP by 2047, potentially pushing the economy beyond $40 trillion. flag This shift would involve monetization and gold-linked products to boost sectors like manufacturing and infrastructure.

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