Gold prices surged 18 per cent year-on-year (Y-o-Y) in the June quarter to $2,338.2 an ounce (oz), reaching a record of $2,427/oz. They were up nearly 13 per cent compared with the December 2023 quarter.  India is the second-largest consumer of gold, after China. Indian households hold a whopping 25,000 tonnes of gold, according