In just over a decade, about a quarter of a billion Indians are expected to reach adulthood and join the workforce, a development economists expect to be beneficial for Indian economic growth.

But this could also be remarkably good news for gold investors.

India is already the world’s largest democracy and is second only to China in gold consumption, with 849 metric tons against China’s 984 metric tons, respectively.

India is almost certain to surpass China in gold consumption due to its growing population and economic growth.  Another reason India’s economic ascent will impact gold is the role that gold plays within Indian culture.

https://www.zerohedge.com/personal-finance/indian-youth-bulge-and-demand-gold