07 Oct 2025 | 5 Mins Read
India's true wealth multiplier is gold, according to Enam's Sridhar
Flipitmoney
Sridhar Sivaram believes gold remains a vital asset in Indian portfolios, not just as a hedge but a wealth multiplier. Indians hold around 25,000 tonnes valued at ₹28 lakh crore, creating a strong wealth effect. Central banks buy nearly 1,000 tonnes yearly, and ETFs are a smart investment option, offering long-term capital gains benefits and stability.