Business Today

Why Gold Matters

Dharmesh Solkar, a Mumbai-based middle-level IT professional, decided to go for a week-long summer vacation to the Maldives when he got promoted in November last year. He and his wife Surabhi, a home maker, had been planning the trip for years. They had to cancel due to the Covid-19 outbreak.

Soon, he started worrying about the future when he heard about jobs cuts across sectors. In 12 years of his working life, he had saved little. The ₹2 lakh he had set aside for the trip was lying in his savings account when he got a call from a jewellery chain’s executive, who gave him gold price

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