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ARTICLE AD BOX
State households hold 6,720 tonnes of gold, which is almost as much as the US National Reserve
For years, Mylapore jeweller D K Murthy would tell customers debating whether to invest in gold the story of Kuttiammal. Widowed in the 1930s, she left her village near Vellore for Chennai, seeking better prospects for her children.
What made that possible was her husband’s habit of buying gold every month, which became her safety net, funding a new life in the city.
While investors across the world seek stability amid global volatility, and gold is being rediscovered as the real global currency, the yellow metal has long been at the heart of generational wealth in
Tamil Nadu
, a financial cushion in times of crises and a longstanding symbol of security.
English (US) ·