By Admin 
This year, the unprecedented increase in the price of gold not only attracted the attention of the investors, but also gave the old debate once again whether such a deep love for gold is inspired by a spontaneous tendency or understanding of investment.
Keeping his view on this whole matter, Kotak Bank founder and banker Uday Kotak shared a sharp comment on social media X. In this, he wrote- “The performance of gold over time shows that Indian Housewife is the most clever fund manager in the world.” He added, “Governments, central banks, economists, who support pump priming and high deficit financing, may need to learn from India, which has always been a pure importer of value reserves!”
Indian House Wife praised
Kotak’s remarks waged an enthusiastic conversation online, in which some people appreciated the traditional intelligence investing in gold in Indian homes, while others warned against making it romantic as a strategy. One users commented and said- “Gold would have done better, but let’s not forget to understand luck as plan. Respect the easy tendency – but also give importance to financial literacy.”
The performance of gold over time highlights that the Indian housewife is the smartest fund manager in the world. Governments, Central Banks, Economists, Who Support Pump Priming, High Deficit Funding, May Need to take a leaf from India, a network of store of value of value!
– uday kotak (@udaykotak) April 22, 2025
This year, there is a steady increase in gold prices. International gold futures have reached around $ 3,484.70 an ounce. Whereas in India, 24 carat gold is close to Rs 1 lakh, which is currently being sold at about Rs 98,420 per 10 grams and 22 carat at Rs 90,150. In 2025, gold has increased by more than 26%.
Many factor of gold boom
There are many global factors that are promoting this boom in gold, such as business tension, fear of recession in the US, raising gold reserves from central banks (especially China) and expectations of cutting interest rates from the US Federal Reserve. Golaman Sach has recently stated its estimate that gold can reach $ 3,700 an ounce by the end of this year or even in high risk conditions up to $ 4,500.
Also read: Gold is constantly shining the price, but why people running away from gold in Dubai