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Why are Indians in the grip of a gold obsession?

Cartoon image of Dr. Moneywise with umbrella, rain falling“In an economy buffeted by the ups and downs of farming and fishing, the people are used to buying gold after bumper harvests or fishing seasons and selling it after lean ones.” –– LiveMint/Vivek Kaul/1-13-2020

Dr. MoneyWise says:  “It’s all very simple.  Own gold for a rainy day.  Use it if or when that day arrives.”

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