So enthralled is India with gold that Indian households control an estimated $600 to $800 billion worth of it, mostly in women's jewelry. That's four times the U.S. reserves in Fort Knox.

A deep-rooted connection exists between Indian women and gold jewelry, evident in Indian weddings. Gold gifting is central to Indian customs. Indian women's gold surpasses the combined reserves of ...

Indian women collectively own around 24,000 tons of gold, which accounts for about 11% of the world’s total gold reserves in jewelry form. The sheer volume of gold owned by Indian women is ...