Higher the Covid toll, greater the faith in gold
Gold savings increased in Covid vulnerable districts, while financial assets decreased. Poorer households allocated more to gold. Higher financial access reduced gold allocation. 'Flight to safety' trend seen. Insights from International Review of Economics & Finance and RBI report.
Gold savings increased in Covid vulnerable districts, while financial assets decreased. Poorer households allocated more to gold. Higher financial access reduced gold allocation. 'Flight to safety' trend seen. Insights from International Review of Economics & Finance and RBI report. What's Your Reaction?
