The statistic illustrates the result of a survey among ultra high net worth households (UHNHs) across India about their commodity investments in 2016, based on type. The main commodity that ultra high net worth households invested in was gold, with about 59 percent, followed by silver with about 19 percent during the survey period.
Commodity investments made by ultra high net worth households (UHNHs) in India in 2016, by type
Characteristic
Share of respondents
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Among ultra high net worth individuals across 12 cities in India
Method of interview
Face-to-face interview
Supplementary notes
The source defines an ultra high net worth household (UHNH) as a household with a minimum net worth of 250 million Indian rupees, mapped over 10 years.
Note: One Indian rupee is equal to 0.015 U.S. dollars and 0.014 euros (as of March 2017).
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Kotak Mahindra Bank. (July 28, 2016). Commodity investments made by ultra high net worth households (UHNHs) in India in 2016, by type [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/684304/millionaire-households-in-india-investment-by-commodity/
Kotak Mahindra Bank. "Commodity investments made by ultra high net worth households (UHNHs) in India in 2016, by type." Chart. July 28, 2016. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/684304/millionaire-households-in-india-investment-by-commodity/
Kotak Mahindra Bank. (2016). Commodity investments made by ultra high net worth households (UHNHs) in India in 2016, by type. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/684304/millionaire-households-in-india-investment-by-commodity/
Kotak Mahindra Bank. "Commodity Investments Made by Ultra High Net worth Households (Uhnhs) in India in 2016, by Type." Statista, Statista Inc., 28 Jul 2016, https://www.statista.com/statistics/684304/millionaire-households-in-india-investment-by-commodity/
Kotak Mahindra Bank, Commodity investments made by ultra high net worth households (UHNHs) in India in 2016, by type Statista, https://www.statista.com/statistics/684304/millionaire-households-in-india-investment-by-commodity/ (last visited August 24, 2024)
Commodity investments made by ultra high net worth households (UHNHs) in India in 2016, by type [Graph], Kotak Mahindra Bank, July 28, 2016. [Online]. Available: https://www.statista.com/statistics/684304/millionaire-households-in-india-investment-by-commodity/