gold investment, India’s endless love for gold.. the youth who compete to buy and accumulate gold! – survey report says 65 percent Indians are investing a part of their income in gold

According to a survey conducted by Axis My India, about 65% of Indians invest a portion of their income in gold in some form and gold is the preferred investment of people.

Indians have traditionally invested in gold. Usually people buy it as gold jewelry. However, there are various modern ways to invest in gold such as gold bond, digital gold, paper gold.

According to a survey report conducted by Axis My India, 53% of Indians have declared gold as their preferred investment. Also, 35% said they are aware of digital gold. 10% have already invested in digital gold.

Specifically, the survey report states that 65% of metros invest in gold, 44% invest in fixed deposits, and 37% invest in mutual funds.

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In terms of gender, women invest more in gold than men. 65% of women and 41% of men said they invest in gold.

58% said they would like to invest in gold in future. Next, 35% prefer to invest in mutual funds and 23% in stocks.

The survey report says that digital gold has gained popularity among the younger generation in the age group of 18 to 24 years. However, men invest more in digital gold than women. 55% of men and 45% of women say they invest in digital gold.