Post by Pahlé India Foundation (PIF)

A continuing conversation, a deepening partnership. Pahlé India Foundation (PIF) was delighted to once again host a distinguished delegation from the World Gold Council at our office yesterday — an engagement that reflects the long-standing collaboration and shared commitment between our institutions to shape informed policy thinking on gold in India. The discussion was led by Dr Rajiv Kumar (Chairperson, Pahlé India Foundation (PIF), along with Mr U.K. Sinha, IAS (Retd.) (Former Chairman, Securities and Exchange Board of India (SEBI) and Nigel Ruth (Chief Operating Officer), Terry Heymann (Chief Strategy Officer), Sachin Jain (Regional CEO, India), Rupesh Kolwalkar (Deputy Global COO), and Rakhi Khanna (Global Head of Corporate Communications) from World Gold Council — building on years of sustained dialogue between PIF and the WGC on the evolving role of gold in India's economy. The conversation explored four themes central to our ongoing collaboration: 🔹 Trust in Gold as an Asset Class — Gold continues to command deep-rooted confidence among Indian consumers, reflected in the sustained demand across physical, financialised, and digital forms, and the steady growth of gold-backed lending. 🔹 Regulatory Gap in Digital Gold — A clear, comprehensive framework is essential to protect consumers, ensure transparency, and support the responsible growth of this emerging segment. 🔹 Gold as a Strategic National Asset — There is significant opportunity to integrate gold more structurally into India's financial architecture — deepening markets, mobilising idle holdings, and strengthening credit systems. 🔹 Strengthening the Domestic Gold Mining Ecosystem — Realising India's gold mining potential will require an improved investment climate, streamlined regulatory processes, and better geological data. We are grateful to the World Gold Council leadership for their continued trust in Pahlé India Foundation (PIF) as a thought partner, and we look forward to carrying this collaboration forward. #Gold #PolicyResearch #IndianEconomy #WorldGoldCouncil #Partnership