India holds a whopping 11% of the world's gold reserves, more than the top five gold-holding countries combined.
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| Image: The Times of India |
Indian women see gold as a source of financial security and independence. Forget banks, some women prefer to wear their savings! The hardworking Koli women of Mumbai wear all their gold to safeguard it against calamities.
It's a traditional gift for brides, but ironically, can lead to dowry harassment if it's deemed insufficient. Talk about a double-edged gold coin!
Diwali sees a surge in gold purchases, as families offer it to Goddess Lakshmi for good luck and prosperity. A little divine intervention for your investment portfolio!
Married women can legally keep 500 grams at home, while unmarried women get 250 grams. Men - a measly 100 grams.