Youth Eye Gold: Shifting Sands in Investment Trends
A survey reveals that gold remains the preferred investment for young Indians, with nearly 62% opting for the metal over modern financial products. The trend shows a shift towards individual, small-scale gold purchases as a safe investment choice during economic uncertainties.
- Country:
- India
A recent survey highlights gold's continued dominance as the investment of choice for young Indians, with 62% choosing the metal over other modern financial products. This preference indicates a growing shift towards gold as a primary investment option amid economic uncertainties.
The Smytten PulseAI survey, which involved 5,000 participants aged 18-39, reveals that a significant 66.7% make personal decisions to purchase gold. Notably, the trend towards buying smaller quantities—often less than 5 grams—reflects a pragmatic, logic-driven approach by Gen Z and Millennials.
Despite the rise of digital investment tools, gold remains a trusted financial refuge, with 65.7% of respondents favoring it over bank savings and equities during economic downturns. This underscores gold's timeless appeal as a secure investment for younger generations.
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