Saturday, May 10, 2025

Gold and War: Why Indians Turn to Gold During Global Unrest

Throughout history, one truth has remained constant: gold shines brightest in times of darkness. Whenever the world grapples with war, economic turmoil, or uncertainty, Indians instinctively turn to gold—not just as a cultural asset, but as a time-tested financial shield.

🇮🇳 A Deep-Rooted Tradition

In India, gold isn’t just metal—it’s emotion, tradition, and security wrapped into one. Whether it’s a wedding gift, a Diwali investment, or a family heirloom, gold has always played a central role in Indian households. But during global unrest, this tradition transforms into a strategic financial decision.



 

🌍 War and Uncertainty: What Happens to the Global Economy?

When conflict breaks out—be it geopolitical tensions, wars, or economic sanctions—global markets react swiftly:

  • Stock markets fall due to investor panic.

  • Currencies weaken, especially those tied to volatile economies.

  • Oil and commodity prices rise, pushing inflation higher.

In such times, gold emerges as a “safe haven” asset. It doesn’t lose value like paper money. In fact, gold prices usually rise during crises as global demand surges.

💰 Why Indians Flock to Gold During Global Crises

  1. Historical Trust: Indians have seen generations weather economic instability by holding gold. From partition to pandemics, gold has been a silent protector.

  2. Liquidity in Crisis: Gold can be easily sold or pledged. During emergencies, it’s quicker to get cash from gold than from most other assets.

  3. Hedge Against Inflation: With rising global prices, money in the bank loses value over time. Gold, however, often appreciates in such conditions.

  4. Weakened Rupee Advantage: Global conflicts often cause the Indian rupee to fall against the dollar. Since gold is priced in dollars, its value increases in rupees—giving Indian investors a double benefit.

  5. Psychological Comfort: In uncertain times, owning something tangible like gold brings peace of mind. You can hold it, store it, and pass it on. It's not just wealth—it's wealth you can touch.

📊 Recent Examples

  • Russia-Ukraine War (2022): Gold prices surged over 10% globally. Indian households increased gold purchases despite rising prices, signaling continued trust.

  • COVID-19 Pandemic (2020): As global markets crashed, gold hit all-time highs, with Indian investors adding record quantities to their portfolios.

🛑 A Word of Caution

While gold is a solid hedge, it shouldn’t be your only investment. Over-reliance can reduce overall portfolio returns in the long term. Experts often recommend allocating 10-15% of your portfolio to gold for balance.

🪙 Forms of Gold Investment Today

  • Physical Gold: Jewelry, coins, bars.

  • Digital Gold: Buy & sell online without storage worries.

  • Sovereign Gold Bonds (SGBs): Issued by RBI; offer interest and safety.

  • Gold ETFs & Mutual Funds: For market-savvy investors.


✨ Final Thoughts by Dhan Shiksha

In times of war and uncertainty, gold becomes more than just an investment—it becomes assurance. For Indians, gold isn’t just a hedge against inflation or currency depreciation. It’s a legacy, a belief, and a symbol of resilience passed down through generations.

When the world shakes, gold stands still. And in that stillness, Indians find security.


⚠️ Disclaimer

The content on Dhan Shiksha is for educational purposes only. We are not SEBI-registered advisors and do not offer financial recommendations. Please consult a certified financial advisor before making investment decisions. We do not accept responsibility for any financial losses resulting from reliance on this information.

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