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One Indian family is making a fortune off of gold's record run #economy #india
Bloomberg Television· 2025-11-21 06:30
Gold is on a tear and this billionaire family is reaping the benefits. Indians don't just like gold, they're hurted. Households own about 34,600 [music] tons value at around 3.8% trillion US.[music] That's more than the combined official reserves of the seven major world powers, the US, Germany, Russia, China, [music] and the rest of the G7. The Indian Wood family have been offering [music] gold loans for just under a century and they are currently on a winning streak as [music] consumers are taking advanta ...