Culturally ingrained in India, gold symbolizes prosperity and security. However, youth increasingly view gold more as an investment vehicle than a traditional asset.
This generational transition has altered consumption patterns. Over the past decade, demand for physical gold has seen dips in ceremonial purchases, drawing sellers’ concerns.
Despite changes, high demand persists, especially during festivals and marriages. Its significance remains unchanged for significant life events. But declining labor-intensive traditional gold jewelry poses another question…
Will modern investment methodologies replace established conventions? Here’s a hint: These dynamics impact more than just the markets.