Gold price crash: Why Indian households are rushing to sell their old gold jewellery

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The trend comes at a time when India remains heavily dependent on imported gold. During FY26, the country imported gold worth nearly $72.4 billion, while recycled gold contributed an estimated 125-150 tonnes in 2025.

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The trend comes at a time when India remains heavily dependent on imported gold. During FY26, the country imported gold worth nearly $72.4 billion, while recycled gold contributed an estimated 125-150 tonnes in 2025.

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