tag:blogger.com,1999:blog-10914829.post4924684439369829880..comments2024-02-25T02:19:08.886-08:00Comments on Expressions of Life: Gold and IndiaNarayanan Venkituhttp://www.blogger.com/profile/17755584455282379863noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-10914829.post-63856780282057334512021-01-23T02:29:24.274-08:002021-01-23T02:29:24.274-08:00Browse latest mens diamond rings designs : Buy bea...Browse latest <a href="https://www.divinesolitaires.com/shop/diamond-jewellery/male-rings/solitaire/start-with-setting" rel="nofollow">mens diamond rings designs</a> : Buy beautifully crafted diamond rings for men at best price in India with Guaranteed Hearts & Arrows Cut, 100% Certified, Easy Upgrade & Buyback, Free InsuranceSanjana Rathodhttps://www.blogger.com/profile/11642883206894496802noreply@blogger.comtag:blogger.com,1999:blog-10914829.post-63253452140488361782008-05-23T00:09:00.000-07:002008-05-23T00:09:00.000-07:00I think Gold was preferred those days since we nev...I think Gold was preferred those days since we never had a credit card for any kinda 'avasara selavu'..<BR/><BR/>With gold, all you need to do is take to the nearest bank and pledge in case of emergency..<BR/><BR/>i did even as late as last year due to some unforseen expenses. <BR/><BR/>what's more it appreciates in value.<BR/><BR/>Any idea what was the gold rate 10 years back and whats the going rate now?<BR/><BR/>I know a lot of business communities who still get 1000s of sovereigns during marriage.<BR/><BR/>apart from the now obvious dowry, i think this system should've come about from capital/security angleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10914829.post-15259790110648581662008-05-19T16:11:00.000-07:002008-05-19T16:11:00.000-07:00Buying gold is certainly a good investment, whethe...Buying gold is certainly a good investment, whether we like gold or not. It had been a great financial security, more for Indian men rather than Indian women from time immemorial, becos men have and they still do manipulate in different ways with their wive's jewellery. If you really want to appreciate the investment in gold, talk to a mother or her kid who has sold her gold and raised her kids, given them the best education and raised their social standing to a creamy layer in the society. Those kids will know what gold means to them. I dont know why Americans are not crazy about gold, but dont rich Americans go for diamond studded platinum things? I am not crazy about gold, but if I buy I certainly wont buy 14 or 11 or whatever,doesnt matter whether it looks like 24 or even better than 24, its the purity and originality I love in any stuff and I hate all fake stuffs. If I cannot afford I would rather buy original silver or original copper rather than 14 carat gold!Sumihttps://www.blogger.com/profile/12542549861971933456noreply@blogger.comtag:blogger.com,1999:blog-10914829.post-6030861458865922802008-05-19T14:44:00.000-07:002008-05-19T14:44:00.000-07:00I never understood the fascination for gold and pr...I never understood the fascination for gold and probably will never do. Even as an investment option, I will never go for it. It is such an uninteresting thought, that somebody should invest in something like gold. May be it will give good returns but I would rather invest in stocks or in real estate which will broaden my knowledge and keep me interested.<BR/><BR/>I am not sure if gold has any other value other than using it for ornaments. So, I wouldn't care even it their prices come down.Kishanhttps://www.blogger.com/profile/12613487323937883735noreply@blogger.comtag:blogger.com,1999:blog-10914829.post-71849676886793905762008-05-19T04:47:00.000-07:002008-05-19T04:47:00.000-07:00i have asked the same question to my mom many time...i have asked the same question to my mom many times. the standard answer is that it never loses it value..so if she buys an ornament now, if she gets bored of it, all she has to do is to get it melted and remade into a new ornament ..<BR/>Also, she says that having gold is good enough as cash for an emergency, but hastily she adds that selling gold for cash is a bad omen!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10914829.post-14682663890572138402008-05-18T19:29:00.000-07:002008-05-18T19:29:00.000-07:00I think in the olden days it was more of an invest...I think in the olden days it was more of an investment approach. With the right attitude and discipline it was a great approach especially for the illiterate common man. Even now, anyone who invested in a "precious metal" mutual fund in the past few years would have made more money than any other category. But obviously it has been carried over blindly in India without questioning the validity of the approach and habits in this era. I don’t even think a lot of girls prefer 22k gold jewelry in India anymore. But for some mysterious reason all the Jewelry shops in India are crowded around the clock. GO figure.TC Ratnapurihttps://www.blogger.com/profile/12806164690758787549noreply@blogger.com