Gold has long been a symbol of wealth, tradition, and cultural significance in India, especially among women, who share a deep-rooted connection to gold jewellery. It holds a central place in Indian celebrations, particularly weddings, where gold is an essential part of the festivities. Whether in the form of intricate bridal jewellery or simple gold bars, no Indian wedding is complete without the gift of gold. This cultural affinity for gold has led to Indian women accumulating substantial amounts of it, often passed down through generations. As a result, India has become a global leader in gold ownership, particularly in household gold. According to the World Gold Council, Indian women collectively own around 24,000 tons of gold, which accounts for about 11% of the world’s total gold reserves in jewelry form.
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143 sats \ 0 replies \ @pillar 29 Dec 2024
A side-story: years ago I was having tea in Istambul with a turkish man and we were discussing on their culture around gold. I haven't been in India, but my distant observation is that both cultures work similarly (albeit India's focus is much higher). He then mentioned this habit that I found interesting. The man explained to me that, as everywhere in the world, is common for young men and women to ask their families for financial help in important moments such as buying a house or a car, or starting a business. What was original to me was the fact that, when such requests happen, discussions happen in grams of gold.
So a young turkish might walk up to her mother to ask for some help buying a car and directly say: "Could I borrow 10 grams from you?"
I'm guessing similar situations might take place there in India.
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0 sats \ 0 replies \ @xz 29 Dec 2024
I had that wrong at first, I missed the plural verb agreement, I was thinking that's quite a lot for one women ;-)
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