This refers to the article “Gold won’t glitter always” by Subir Roy (October 9). It is amusing that Mr Roy correlates his own life experiences and how the world should think. Just because his daughter does not find value in gold, the metal does not lose its investment worth. Her generation, in fact, represents a shift from savings (in any form including gold) to consumption (clothes and shoes). It’s not about gold but about westernisation of a younger generation that likes to spend.
Abhishek Kulkarni, on email
