Oro reposted this
The shift from physical to digital gold has created more liquidity and accessibility for investors 👇 🔶As per a report, India was the second biggest consumer of gold in 2023, with demand settling around the 747.5 metric tonne mark last year. 🔶And with gold prices breaching the INR 80K mark per 10 gm — climbing just under 5% in two weeks — the gold rush is not about to subside any time soon. Since January 1, 2024, gold prices have gone up by a staggering 23%, underscoring its quality as a stable asset class. 🔶 Initially, it was digital payments giants that built gold marketplaces, but later on names such as Jar and Gullak disrupted the model by offering differentiated gold investment offerings. #gold #investment #dhanters #festival #diwali
