Archive · 7 Aug 2026

Digital Gold Could Unlock India's $5 Trillion Opportunity, Luniya Says

Digital Gold Could Unlock India's $5 Trillion Opportunity, Luniya Says

Gold is very important in India.

People buy gold as jewellery for festivals and weddings.

But most gold just sits inside lockers and does not work for anyone.

A businessman named Mahendra Luniya says we can make that gold useful by storing it digitally, like money in a bank app.

Digital gold lets people buy a tiny bit of gold for as little as ₹150.

You can keep saving small bits over time, just like a piggy bank app.

Later, you can use your digital gold to buy real jewellery for a wedding.

There is even a special receipt that lets gold move from a computer account to a jewellery shop.

Luniya says this can help India use its gold instead of importing so much new gold every year.

It is like turning a sleeping treasure into a helpful tool for the whole country.

Sources