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The crazy rise in gold prices are GREAT FOR INDIA 🇮🇳🙏 I had written a big deepdive on this 5 months ago, and was ridiculed by many, but the impact is much visible now. And the same is also playing out in Turkey, where the central bank's governor has openly shared insights and numbers on this (details below). Thus, this Dhanteras, here is a deepdive for every Indian! .. My thesis was simple. They claimed this gold is "locked up" and just sits in lockers. They said it has NO real economic impact. They were wrong. Completely wrong. Let's look at the sheer scale. - Firstly, my old post used a 25,000-ton estimate for Indian household gold (which is out of the financial system). - New Morgan Stanley reports (mid-2025) are 34,600 tons of gold. Now, let's use the REAL market price. Not the paper price. The effective price for a 24k coin today, with all charges, is ~₹1.45 lakhs per 10g in the market. At that valuation, our household hoard is worth: ₹501.7 LAKH CRORES. Let that sink in. That’s ~$5.64 trillion (at an ₹89/USD rate). .. Now consider this. We have ~30 crore households in India. This translates to an average of ₹16.7 lakhs for EVERY single household. This isn't an economic problem. It is the single biggest, most inclusive wealth stimulus in our nation's modern history. Imagine if even 1% of the 30cr Indian households decide to tap on 10% of this wealth. That’s a consumption boost of ₹50k crore! 💰💰 And this is a big factor helping India stay so strong despite global geopolitics going against it right now. .. Now, for everyone who still says this gold is "locked up." Look at Turkey. It’s the perfect case study. - Their central bank governor has openly shared how Turkish households have a similar "under the bed" hoard worth ~$500bn - As prices surged, what did they do? They started monetising it. FAST. How? - Selling it for cash - Using it as collateral for gold loans to fund their consumption/needs The impact is so massive, it’s actually making it HARD for the Turkish Govt to control inflation. Their household stimulus is actively fighting the central bank's policy! Turkey proves the "locked up" thesis is WRONG. .. And the data in India proves it too. Look at our gold loan market. It is EXPLODING. - ICRA even says that the organised gold loan market is set to hit ₹15 TRILLION by FY26. That's a full year ahead of schedule - The market is projected to grow 30-35% this year ALONE - The key driver? The report states it clearly: "steady uptrend in gold prices" Certainly, a portion of this is households/businesses in distress using the higher value of their gold to get liquidity. Either way, it is a massive wealth unlock for Indian households, however you cut it. This is the REAL story of the gold price rise. Did you know this?