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Share of middle class' gold and jewelry consumption in India 2015-2030

Consumption share of gold and jewelry by middle class population across India from 2015 to 2030

by Statista Research Department, last edited Sep 23, 2019
Share of middle class' gold and jewelry consumption in India 2015-2030 The share of middle class' consumption of gold and jewelry across the country was estimated to be around 17 percent in 2030, up from around nine percent in 2020. As the middle class population increases, the income of the population increases which leads to increase in the consumption of gold, mainly because Indians consider gold as an important investment.
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Consumption share of gold and jewelry by middle class population across India from 2015 to 2030

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