Can gold recycling become Indias next circular economy success story?

Image for article Can gold recycling become Indias next circular economy success story?
News Source : BusinessLine

News Summary

  • As the nation looks for new ways to sustain economic growth and resilience, gold recycling may prove to be one of the most promising cases of a circular economy in the country.
  • Indian Prime Minister Narendra Modi’s call to the citizens of India to avoid buying gold for the next year is bringing up the debate on how India can maximise the benefits of their own gold reserves.
  • While many goods lose quality upon recycling, gold is capable of being recycled without losing any purity.
  • In essence, gold can be recycled infinitely.
Indian Prime Minister Narendra Modis call to the citizens of India to avoid buying gold for the next year is bringing up the debate on how India can maximise the benefits of their own gold reserves.

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