
Indian Housewives: The Real Gold Investors!
Uday Kotak, the founder of Kotak Mahindra Bank, recently highlighted the wisdom of Indian housewives in managing gold investments. He praised them as the world's smartest fund managers, emphasizing that their trust in gold has been a stable choice over the years. While many users reacted positively to his post, some pointed out that housewives bought gold mainly as a safeguard against inflation and economic risks, not as a financial strategy. This conversation reflects the cultural significance of gold in India, where it has become a symbol of saving and security, passed down through generations.