Feb 12 • 14:46 UTC 🇮🇳 India Aaj Tak (Hindi)

Gen-Z's Gold Connection, Big Revelation in Survey of 5000 People...

A recent survey reveals that a significant portion of Generation Z in India prefers investing in gold, showing a shift from traditional investment habits.

Recent trends indicate a surge in interest among India's youth, particularly Generation Z and Millennials, in investing in gold as a secure financial option. According to a comprehensive survey conducted by Smytten PulseAI involving 5000 participants, approximately 62% of the respondents from these demographics regard gold as the safest investment choice available. This trend underscores a notable shift in investment behavior, reflecting a growing confidence in gold among younger investors, contrasting with older generations who historically viewed gold as the primary safeguard for investments.

The survey highlights a distinct departure from traditional methods of gold purchasing. While older generations tended to buy gold in physical forms such as jewelry, younger consumers are diving into more innovative and cost-effective ways to invest in gold. This encompasses options like digital gold, which allows them to invest in small denominations and personalize their purchasing strategies, making gold more accessible and appealing to the modern investor.

In an interesting comparison, the survey findings also revealed that if given 25,000 rupees to invest, 62% of the young participants would choose gold first, while only 16.6% would opt for mutual funds, and even fewer favored fixed deposits, stocks, or cryptocurrencies. This reflects a broader trend of prioritizing security and trust in gold investments among the youth, indicating a profound impact on how future generations will engage with investment and savings strategies.

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