RISING GOLD FRENZY IN INDIA: EXPLORING THE PHENOMENON AND PROPOSED REMEDIAL MEASURES

Authors

Dr. Neha Goyal Associate Professor, Rayat Institute of Management, Rail Majra, Ropar, Punjab, India

Keywords:

Gold Frenzy, Gold Consumption, Investment

Abstract

The escalating frenzy surrounding gold in India has garnered widespread attention due to its economic, cultural, and societal implications. This paper delves into the phenomenon of the rising gold frenzy in India, examining the factors driving this trend and its potential consequences. By analyzing the intersection of tradition, investment, and consumption, this research sheds light on the multifaceted dimensions of gold's significance in the Indian context. Furthermore, this study proposes a set of remedial measures aimed at promoting informed gold consumption, enhancing financial literacy, and mitigating potential risks associated with excessive gold accumulation. These measures aim to strike a balance between honoring cultural practices and ensuring prudent financial behavior.

References

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Published

2016-03-04

How to Cite

Dr. Neha Goyal. (2016). RISING GOLD FRENZY IN INDIA: EXPLORING THE PHENOMENON AND PROPOSED REMEDIAL MEASURES. Ethiopian International Journal of Multidisciplinary Research, 3(03), 01–05. Retrieved from https://eijmr.org/index.php/eijmr/article/view/65