Indian Homemakers: The World's Smartest Gold Investors According to World Gold Council CEO
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Sachin Jain, Regional CEO of the World Gold Council at NDTV World Summit
Sachin Jain, Regional CEO of the World Gold Council, on Friday praised Indian homemakers, describing them as some of the smartest investors globally. He emphasized that over centuries, Indian women have not only accumulated small amounts of gold for personal adornment and family wealth but have significantly contributed to the nation's economic strength.
"A housewife can be easily awarded as the smartest investor in the world because through the millennia, through the lifetime of an Indian housewife, collecting small values and volumes of gold, she's not just bought adornment and wealth in the family, she's created wealth for our nation and that's fundamentally true," Jain stated while addressing the NDTV World Summit on 'The Timeless Hedge: Gold in the Age of Flux.'
Jain further explained that gold has functioned as a timeless financial anchor and an asset class that has demonstrated exceptional performance during periods of uncertainty.
"Gold has been the anchor that has performed timelessness over the years. It's not just a sleepy asset class, but an asset class that has performed phenomenally well in these times of flux,"
He also highlighted gold's profound historical and cultural importance, noting that gold is interwoven into India's social fabric.
"In time in millennia, gold has performed as the most important and unmovable hedge. We have seen stories of gold in kingdoms, treasuries, temples. In India, gold has been part of the social fabric. We all consume gold irrespective of economic or geographic strata. In today's world, where geopolitics is evolving, nations are behaving differently. We will be looking at a future where gold will be a fundamental of this growth," Jain observed.
Discussing current gold market trends, Jain remarked, "What's happening in gold today is unprecedented. We have never seen this before. And that really is an answer to what is the new changed world of geopolitics. It's a new changed world of de-dollarization, of economic crisis. In the last one and a half years, we have seen 85 new peaks of gold price."
He added, "We have seen the gold price in 2025 rise up by 56%. In the international markets, it's gone up by $174 a day... In today's world, where geopolitics is evolving, nations are behaving differently. We will be looking at a future where gold will be a fundamental of this growth."
Source: https://www.ndtv.com/world-news/ndtv-world-summit-indian-housewives-are-smartest-investors-gold-council-boss-sachin-jain-explains-why-9472906