If gold becomes expensive, what will be the impact on the common man?
In India, gold is not just an investment but is also associated with marriage and status. If Baba Venga’s words come true and the price crosses Rs 2 lakh or Rs 4 lakh as estimated by experts, then making jewelery can be a dream for the middle class.
Disclaimer: The information given in this article is based on various media reports, historical data and popular predictions (such as Baba Venga). The prophecies of ‘Baba Venga’ are part of folk beliefs, which cannot be scientifically confirmed. Fluctuations in gold prices depend on the global market, government policies and economic conditions. Before making any investment, definitely consult your financial advisor or market expert.