5 thoughts on “India's economy is not well developed. Why are there so much gold in the people?”

  1. This Indian religion is related to India is a country with a very strong religious belief. It is just that India's religion and gold are inseparable from the relationship. For example, the New Year people in India must wear gold and silver to welcome the New Year, and when Indian children get married, The dowry must be all gold, which also allows many people to prepare a lot of gold at home.
    The people in the Indian people like this is a large part of the gods who believe in the gods they believe in gold. In a temple in India, people have found a lot of gold conservative estimates in their basement. This includes many gold coins and gold jewelry, but this is only a small part of the Indian temple. Because of the large amount of donations from India's followers, the amount of gold in the Indian temple has reached a very high level.
    This people like to collect gold are also related to the government, because India's financial system is not to help the people reduce the cost of living, but to help the government. Therefore, few people open a bank account. In addition to the Americans holding a large number of Indian shares, India has very few investment channels, so they look at the gold that has been preserved.
    Although the government has also done action, the government's eyes look at the Indian Temple holding a large amount of gold. The Indian Temple can deposit gold into the bank to earn generous interest, but this approach has a religious belief that damages India. In the end, the Indian Temple seal all the gold and maintain its own belief. If the Indian government Increased financial efforts and investment channels, maybe Indian civilians will replace gold with money into banks to earn interest.

Leave a Comment

Shopping Cart