...........The yellow metal’s status as an investment in India is almost new found. For most Indians, it is just jewellery, which is by and large linked to social status. Gold is also an important part of the dowry (psst!!) in most part of the country. So, how far will the government’s initiatives and the RBI panel’s suggestions be effective in addressing such issues? Very little. As long there are no steps to tackle such traditional and conservative customs still prevalent, gold will remain key for Indians..............
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