India's Gold Loan Market Expands with Growing High-Value Borrowing

India's gold loan sector is experiencing significant growth, with loans exceeding ₹5 lakh now constituting over a third of new loan values. This shift reflects increased adoption by wealthier borrowers using gold loans for business and investment, moving beyond traditional distress-driven use. Data from Crif High Mark and Experian indicate rising ticket sizes and a decline in smaller loans. The segment has grown 44% year-on-year to ₹16.1 lakh crore, making up 10% of India's retail loan market amid rising gold prices and supportive government policies.