Step inside any Indian home, and you might be surprised: the real treasure isn’t the balance in a bank account. It’s quietly gleaming in cupboards and trunks, passed down through generations, shimmering with history, culture, and trust. For 5,000 years, gold hasn’t just been an ornament—it’s been a silent guardian of wealth, a tangible asset that carries stories, security, and legacy. From kings and merchants to grandmothers, India’s relationship with gold has always been about more than money.
CA Nitin Kaushik explains that in ancient India, wealth was measured in swarna—pure gold. Kings hoarded it, temples safeguarded it, and households treasured it. Gold wasn’t just currency; it represented trust, memory, and security. Merchants of Gujarat or the Chola dynasty didn’t carry coins—they carried gold, universally understood for its value, wherever ships docked, he shared.
He also reflected on mythology, noting that Kuber, the God of Wealth, and Goddess Lakshmi rising from the ocean with a golden glow are not just symbols—they’re social coding as well. Gold has long symbolised prosperity beyond material gain.
Here’s the quiet magic, the CA explained. When empires fell and currencies failed, Indian grandmothers still held gold. Bangles or coins became emergency funds, education money, or payments for land. Gold became a silent insurance policy, passing security and wealth across generations. Today, buying gold during Diwali, weddings, or Akshaya Tritiya is more than a ritual, according to the CA.
CA Nitin Kaushik adds a modern twist: physical gold isn’t the only option anymore. Digital gold, ETFs, and sovereign gold bonds let you preserve timeless value while gaining flexibility, liquidity, and security. Five millennia ago, gold represented trust.
Gold price decline
International gold prices saw a sharp decline of 5.5 per cent on October 22, marking the steepest fall since August 2020, according to IANS. Analysts expect Indian gold rates to correct to around Rs 1.22–1.23 lakh per 10 grams when markets open on Wednesday. The drop in global prices has prompted profit-booking among investors who benefited from gold’s recent rally. Silver also slipped over 2 per cent, trading near $47.6 per ounce after a 7.1 per cent fall in the previous session. Experts attribute the slide in both metals to profit-taking following their rapid gains this year.
CA Nitin Kaushik explains that in ancient India, wealth was measured in swarna—pure gold. Kings hoarded it, temples safeguarded it, and households treasured it. Gold wasn’t just currency; it represented trust, memory, and security. Merchants of Gujarat or the Chola dynasty didn’t carry coins—they carried gold, universally understood for its value, wherever ships docked, he shared.
He also reflected on mythology, noting that Kuber, the God of Wealth, and Goddess Lakshmi rising from the ocean with a golden glow are not just symbols—they’re social coding as well. Gold has long symbolised prosperity beyond material gain.
Walk into any Indian household today, and the real wealth often isn’t in a bank account.
— CA Nitin Kaushik (FCA) | LLB (@Finance_Bareek) October 22, 2025
It’s quietly gleaming in a trunk, in the form of gold.
India’s love for gold isn’t a fad. It’s 5,000 years of history, a legacy passed down generations.#stockmarket #investingtips #finance… pic.twitter.com/QtWBb9BXLW
Here’s the quiet magic, the CA explained. When empires fell and currencies failed, Indian grandmothers still held gold. Bangles or coins became emergency funds, education money, or payments for land. Gold became a silent insurance policy, passing security and wealth across generations. Today, buying gold during Diwali, weddings, or Akshaya Tritiya is more than a ritual, according to the CA.
CA Nitin Kaushik adds a modern twist: physical gold isn’t the only option anymore. Digital gold, ETFs, and sovereign gold bonds let you preserve timeless value while gaining flexibility, liquidity, and security. Five millennia ago, gold represented trust.
Gold price decline
International gold prices saw a sharp decline of 5.5 per cent on October 22, marking the steepest fall since August 2020, according to IANS. Analysts expect Indian gold rates to correct to around Rs 1.22–1.23 lakh per 10 grams when markets open on Wednesday. The drop in global prices has prompted profit-booking among investors who benefited from gold’s recent rally. Silver also slipped over 2 per cent, trading near $47.6 per ounce after a 7.1 per cent fall in the previous session. Experts attribute the slide in both metals to profit-taking following their rapid gains this year.
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