A question posted on X by a user has triggered a wider conversation on India’s obsession with gold and what it means for the economy. The post asked a simple but loaded question: “If Indians stop buying gold for one year, how much would India benefit?” Soon after, users began debating whether the country’s love for the yellow metal is hurting economic growth or supporting millions of livelihoods tied to the jewellery business.
The discussion gained traction after figures around India’s gold imports surfaced though AI query. According to AI reply, India’s gold imports touched nearly $72 billion in FY 2025-26, a sharp rise from the previous year. The jump came largely due to elevated global gold prices and strong domestic demand during weddings and festivals.
