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Economics2h 34m ago

India is exploring gold leasing, a growing concept in the bullion market that allows owners to lend idle gold to jewellers for returns, aiming to reduce imports, lower jeweller costs, and establish a regulated circular gold economy.

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India

Who
India, Anshul, Gaurav Mathur (Founder and CEO of SafeGold), Renisha Chainani (Head of Research at Augmont), Kaushlendra Sinha (CEO of the India Association for Gold Excellence and Standards (IAGES)), SafeGold, myGold, Gullak
What
India is exploring gold leasing, a growing concept in the bullion market that allows owners to lend idle gold to jewellers for returns, aiming to reduce imports, lower jeweller costs, and establish a regulated circular gold economy.
When
Tue, 16 Jun 2026 10:41:45 GMT · 2h 34m ago
Where
India ·
Why
The concept has gained interest because of India's significant stock of privately held gold and its continued reliance on imports.
The Frontline Impact

How this affects you

If successfully implemented on a wider scale, gold leasing in India could significantly reduce the nation's dependence on gold imports by mobilizing existing domestic gold, potentially easing pressure on the country's current account deficit and offering jewellers a more cost-effective supply. However, building consumer trust and establishing a clear regulatory framework are critical challenges that need to be addressed for broad adoption.

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