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Digital gold market could reach $170 billion by 2031, India to remain key market: World Gold Council

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The global digital gold retail market may exceed USD 160–170 billion by 2031 in a base-case scenario, as per the recent report from the World Gold Council (WGC), indicating swift expansion in tech-focused gold investment.The report, compiled in collaboration with Boston Consulting Group, values the market at approximately USD 45–55 billion and predicts a potential annual growth rate of roughly 27 per cent over the next five years. If obstacles to adoption are eliminated more quickly, the market might expand to USD 270–280 billion by 2031.AdvertisementThe WGC noted that digital gold has become popular with younger, tech-oriented investors who favour…

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