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Economics1h 22m ago

India is exploring gold leasing, which allows owners to lend their idle gold to jewellers for returns, with the goal of reducing imports, lowering costs for jewellers, and establishing a regulated circular gold economy.

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), SafeGold, myGold, Gullak
What
India is exploring gold leasing, which allows owners to lend their idle gold to jewellers for returns, with the goal of reducing imports, lowering costs for jewellers, and establishing a regulated circular gold economy.
When
Tue, 16 Jun 2026 10:41:45 GMT · 1h 22m ago
Where
India ·
Why
The initiative aims to mobilize India's significant stock of privately held gold, reduce the country's reliance on gold imports, and lower financing costs for jewellers.
The Frontline Impact

How this affects you

If successfully implemented, gold leasing could significantly reduce India's gold import dependence and potentially ease pressure on its current account deficit by bringing existing domestic gold into active circulation.

Story chain

3 events in this thread
  1. Currently Reading1h 22m ago
    India is exploring gold leasing, which allows owners to lend their idle gold to jewellers for returns, with the goal of reducing imports, lowering costs for jewellers, and establishing a regulated circular gold economy.
  2. Economics1h 22m ago
    India is exploring gold leasing, a system where owners can lend their idle gold to jewellers for returns, aiming to reduce imports, lower business costs for jewellers, and establish a regulated circular gold economy.
    Open article
  3. Economics1h 22m 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.
    Open article

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