Around 50% of India's population is below the age of 25 years. That's a huge chunk. Our unemployment is continuously shooting up, thanks to the failed governance and the pandemic. Everyone is looking for alternative options to make money. Crypto is gaining popularity because young people get it. It's volatile hence quite exciting as well.
Gold is considered a long-term investment in India. It is also popular because of its cultural & heritage value.
No surprise that it is losing its touch among young Indians and slowly its craze will fade away.
Posted Using LeoFinance Beta