🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Jayant Mundhra
•

Dexter Capital Advisors • 14h

To one’s who bet against India: This is “THE MATH” you have never considered. - Indian households have 25k tonnes of gold, which at current valuations is worth approximately Rs 245 lakh crore - If prices were to double, the resulting gain of Rs 245

Anonymous 4

Hey I am on Medial • 7h

That's very much true but one point which you missed to consider is that Indian own more of jwellery rather than gold for investments (gold coin, digital gold, sovereign gold bonds, etc). Thus even if the price shots up that much, Indian will not really sell that because that's what the Indian culture is. Indians only sell gold when that's the only option they have to make some cash. So while your theory is true, we shouldn't expect people to sell all their gold which will lead to over trillion dollars worth of extra cash. Maybe it will lead to about $100B in additional spending which is still huge.

Recommendations from Medial

Chand ram

App developer, Tec e... • 18d

I have some ideas which are from different fields like a lens cart and a gold loan provider (Muthoot Gold Loans) how to sell my idea

RV Dhameliya

Student • 3m

🚨Trump Tariffs are actually Impacting The Market Badly But Gold Might Be Still Shining!!! How? - Tariffs lead to inflation, and gold preserves purchasing power. - Tariffs weaken currencies, making gold more expensive and driving up demand. - Tarif

Ravikishan

Hey I am on Medial • 1m

"I want to start my own company, which will be for agriculture farmers, where farmers can sell their produce." "That's why I am looking for investors for my startup company."

2 Replies

Mridul Das

Introvert! • 2m

Since Gold 🪙 price reaches Sky🔥🔥. Here is an interesting fact that will shock you.- Indian 🇮🇳 women… Hold Gold jewellery of 25,000 tonnes, comparing that to world's gold reserves 🔸🔸🔸 Gold reserves by Country 🇺🇸 United States - 8000 tonn

param siddh

@paramsiddh • 4m

Why gold going high????? Only 1 kg of gold is real, but 131 kg of gold is being traded in the market. In the same way, gold has been artificially dumped so that central banks prefer dollars over gold. Now central banks buying gold instead of dollar.

3 Replies

Vivek kumar

On medial • 4m

Indians react to US offering 'gold card' for $5 million: 'Called my broker at 8am to sell the.

2 Replies

Vikram Kumar

Founder at Stockware • 9m

Read “The Future of Indian Warehousing: Why Stockware is Ready to Lead : https://medium.com/@vikram.121198vvv/the-future-of-indian-warehousing-why-stockware-is-ready-to-lead-6c281d6da29c

2 Replies

Rohan Saha

Founder - Burn Inves... • 3m

Many people might think that the fall in gold prices is due to that research report, but let me clarify, that's not the case. Look, the reason behind gold's decline is something else. The biggest reason is profit booking, and the second reason is mar

7 Replies

Aarihant Aaryan

Prev- Founder & CEO ... • 1y

Indians love gold and have so much emotional connection, afterall Indian households own 11% of total gold in the world But what you need to know is how malabar gold won just by understanding consumer emotions towards gold Malabar Gold was launche

2 Replies

Vivek Sharma

If you like this pag... • 9m

Fintech major PhonePe has partnered with financial fitness platform Jar to roll out a new ‘Daily Savings’ feature on its platform for the purchase of digital gold. According to PhonePe’s statement, the product will allow users to save money in 24K d