India is a major buyer of gold, and our reserves are also continuously increasing. In the second quarter of 2025, India’s gold reserves reached a record level of 880 tons.
New Delhi: The state of Bihar was amongst the states with the highest share of the multidimensionally poor population in 2019-2021. However, according to the reports, the same report said that Bihar pulled out around 7 percent of its population from multidimensional poverty between 2019-21 and 2022-23. The 7 percent drop is a big one, but the extrapolated data shows that the state will have around 26.59 percent of its population multidimensionally poor in 2022-23.
Now, reports suggest that Bihar has discovered a massive treasure and will soon become rich. According to media reports, the Geological Survey of India (GSI) has revealed that India’s largest gold resource is present in Bihar. Reports further add that approximately 222.88 million tons of gold is available in the state.
Here are some of the key details:
- In terms of gold resources, Rajasthan ranks second after Bihar.
- The land of Rajasthan also holds approximately 125.91 million tons of gold resources.
- Following that is Karnataka, which has around 103 million tons of gold resources.
- It is important to understand the difference between a ‘resource’ and a ‘reserve’. A resource refers to the total amount of gold present underground, even if extracting it is difficult.
- Even though Bihar has more resources, Karnataka is ahead when it comes to gold extraction or production.
- Karnataka has gold reserves that can be easily mined.
- The gold found in Bihar is currently very expensive and difficult to extract with today’s technology.
- Gold is either buried very deep or embedded in rock formations that we don’t yet have the technology to extract.
India is a major buyer of gold, and our reserves are also continuously increasing. In the second quarter of 2025, India’s gold reserves reached a record level of 880 tons. If gold starts being extracted from Bihar, the country’s need to buy gold from abroad will decrease.
